๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ‡บ๐Ÿ‡ธ GBP/USD Holds in a Tight Range as Thin Data Keeps Trading Subdued ๐Ÿ“Š๐Ÿ’ค

The British pound (GBP) and US dollar (USD) pair is struggling to find strong direction as markets remain quiet due to a lack of major economic releases. With no high-impact data from either the UK or the US, traders are staying cautious, keeping the pair stuck in a narrow consolidation range.

๐Ÿ’ท On the UK side, investors are watching inflation trends and Bank of England rate expectations, but without fresh numbers, momentum remains weak.

๐Ÿ’ต Meanwhile, the US dollar is also steady as traders wait for new clues from Federal Reserve officials and upcoming macroeconomic reports.

๐Ÿ“‰ Low volatility conditions suggest accumulation

๐Ÿ“Š Technical traders are eyeing key support and resistance zones

โณ A breakout could happen once strong economic data or central bank signals arrive

Overall, GBP/USD remains range-bound for now, but volatility is expected to return soon as the macro calendar picks up.

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