The GBP/USD exchange rate has maintained stability, hovering above the mid-1.3500s level. This consolidation reflects the traders’ cautious approach ahead of significant upcoming economic reports and central bank policy discussions. The current trading range signals a hold position from market participants, indicating they are waiting for clarity before making substantial moves. This week is poised for potential volatility depending on how the economic indicators unfold, offering both challenges and opportunities for traders in the forex landscape.