GBPUSD: Is the Market Hesitating?GBP/USDOANDA:GBPUSDParadise_NoirLooking at GBPUSD right now, I don’t see clear signs of a trend. Instead, this is a sideways market that is waiting for a decisive trigger. From a news perspective, neither side is strong enough to dominate. The US dollar is under pressure from growth concerns and policy uncertainty, but not weak enough to trigger a sharp sell-off. Meanwhile, UK data remains largely neutral, failing to provide sufficient momentum for GBP to break higher. As a result, buying and selling forces are well balanced, keeping the market in a sideways state. On the chart, this is very clear. Price is repeatedly rejected around the 1.3570 resistance zone, while every dip toward 1.3400 attracts buying interest. Price keeps moving back and forth between these two levels without forming a trend structure, which signals consolidation rather than direction. In the short term, the most reasonable scenario is for GBPUSD to continue ranging between 1.3400 and 1.3570. Rallies into resistance are likely to be sold, while pullbacks into support tend to draw buyers back in. In short, this is not a market to chase trends. It is better suited for range-based trading while patiently waiting for a clear and decisive breakout before committing to the next trend.