The Pound edged lower against the US Dollar on Thursday. This decline followed a surge that brought GBP/USD to a four-month high on Wednesday. Trading around $1.2950 at the moment reflects the cautious mood across the market. Risk-off sentiment has overtaken the trading atmosphere, with many investors seeking safety. The broader outlook for GBP/USD remains to be influenced by upcoming economic data releases from the US and UK. As the situation unfolds, traders should keep a close watch on news developments that may impact currency valuations.