The GBP/USD exchange rate has developed a notable cup-and-handle pattern, suggesting a potential bullish breakout as we approach pivotal economic data. Currently trading at 1.3300, it sits just below the year-to-date high of 1.3430. As traders prepare for upcoming releases from the Bank of England and US Nonfarm Payroll data, this technical formation could herald significant price movements. Observing these developments can provide traders with a strategic advantage in navigating this pair. Keep an eye on it as it unfolds.