GBP/USD demonstrated strong buyer interest above the critical 1.2950 level, bolstered by a weakening US Dollar. This movement highlights the bullish potential for this forex pair as market dynamics shift. Forex traders are closely watching for further upward momentum, as the technical setup suggests that support remains solid. The ongoing trends may indicate a broader market shift, leading to more significant price movements. As the demand for GBP grows, analysts recommend keeping an eye on economic indicators that could influence this pair’s performance.