The currency pair had a correction last week after a huge growth previously. GBP/USD stays below 1,2980 in the moment of writing.

There were no important releases last week. The correction was of technical nature. There are lots of US data releases this week which are able to lead to significant market fluctuations.

GBP/USD is going through a period of uncertainty. The Brexit deal supports it from one side, but in case of better US data, the currency pair is likely to decline. It is recommended to monitor the situation.