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GBPUSD: Breakout or Fakeout? | Market Outlook with Exness

This week's Exness Market Outlook puts the spotlight on GBPUSD, with a potential breakout setup that forex traders should keep on their radar. Is the pound poised to climb ?

Price is testing key technical levels and things could accelerate. With the US dollar showing signs of weakness and UK bond yields outpacing the US, is currency trading momentum shifting in favor of the pound? What role will UK PMI data and the ECB rate decision play? Watch the full breakdown to see how this trade could unfold.
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