GBP/USD at a Turning Point – Will Sellers Take Control?

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GBP/USD at a Turning Point – Will Sellers Take Control?BRITISH POUND VS US DOLLARTRADENATION:GBPUSDWeTradeWAVESGBP/USD has reached a critical stage where the recent advance may be losing momentum. The current wave structure suggests the latest move higher could be nearing completion, opening the door for a broader corrective decline if bearish momentum begins to build. This week brings several high-impact catalysts, including interest rate decisions from the Federal Reserve, Bank of England, and Bank of Japan. Combined with ongoing geopolitical developments, these events could provide the volatility needed for the next significant move in the currency markets. We'll continue to follow the evolving market structure closely and let price action confirm whether the next impulsive leg is about to unfold. Disclosure: We are part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in our analysis.