GBP/USD - Consolidation Persists as GBP/USD Tests Key LevelsBritish Pound Sterling / United States DollarCMCMARKETS:GBPUSDBluetonaFXHi Everyone, GBP/USD saw a brief relief rally before spending the remainder of the week consolidating within range. Looking ahead, we’ll be watching closely to see whether the correction phase is complete. If price holds above the 25 September low at 1.33235, followed by a successful breach of the 1.35300 level, a retest of the 17 September high near 1.37261 remains likely. However, a break below that low could open the door for a move towards 1.31412, where fresh buying interest may re-emerge. While there is still scope for a deeper correction towards 1.31412, our immediate focus remains on 1.33235 as the key level to monitor in the sessions ahead. We’ll be monitoring price action closely to see how this structure develops in the sessions ahead. The longer-term outlook remains bullish, with expectations for the rally to continue extending from the 1.20991 January low toward 1.40000 and 1.41700. We’ll keep you updated throughout the week with how we’re managing our active ideas. Thanks again for all the likes, boosts, comments, and follows — we really appreciate the support! All the best for the week ahead.