The British Pound faces challenges in sustaining its gains against the US Dollar, struggling to hold above the 1.3015 mark. GBP/USD has started to show signs of a downward correction, slipping below the critical 1.2950 level.

With the upcoming US GDP data release on the horizon, traders remain cautious. This data could be pivotal in determining the direction of the GBP/USD currency pair. The market is likely to react sharply to the figures, influencing overall trading sentiment.

As the situation develops, it is essential for traders to stay alert. Key economic indicators are vital in shaping currency movements, and speculations regarding GDP performance may add to the volatility of the Pound.