The GBP/USD currency pair faces new sellers after a rebound from the week’s low around 1.3415. Currently trading near the 1.3475-1.3470 area, the pair has registered a slight decline of 0.15% for the day. The market’s focus is shifting as traders anticipate the release of the US Personal Consumption Expenditure (PCE) Price Index. This data could greatly influence currency price action, determining whether the current selling pressure will persist or reverse. As traders evaluate movements, the economic data’s implications will guide their strategies moving forward in this dynamic forex market.