The GBP/USD exchange rate displays a strong bullish trend as it breaks through the vital 1.3500 resistance level, reaching a multi-month high. Traders see a bullish continuation pattern developing on the weekly chart, especially as cable closed above previous resistance levels set at 1.3434 and 1.3444, which marked both 2024 and 2025 peaks.

This surge reflects a positive sentiment surrounding the UK economy as new economic data presents a promising outlook. Analysts suggest that maintaining this momentum will be crucial for further price appreciation, making GBP/USD a significant pair to watch in the coming weeks.