While GBP/USD experienced slight setbacks on Thursday and Friday, it ended the week in a positive light. As of early Monday, the pair fluctuates around the key level of 1.2950, reflecting its stabilization amid uncertainties. Market participants are closely watching developments from the Federal Reserve and the Bank of England, which may influence future price actions in this currency pair. Keeping up with economic indicators and central bank announcements is essential for traders navigating this significant forex landscape.