GBP/USD Consolidates Near 1.3350, Upside Limited
The British Pound is consolidating around the mid-1.3300s against the USD after bouncing from a three-week low near 1.3300, but upside potential appears limited.
GBPUSD
GBP/USD is seesawing between small gains and losses during the Asian session, struggling to build on the previous day's modest bounce from the 1.3300 neighborhood—a level last seen three weeks ago.
Trading near the mid-1.3300s, the pair shows limited upside potential. The recovery from the multi-week low lacks momentum, suggesting sellers remain in control near current levels.
Source: FXStreet Forex News