GBP/USD pair analysis

The GBP/USD pair, having tested the local minimum, has stabilized within the range of 1.2840-1.3040. The market is awaiting news. We remind you that in the coming hours, the Bank of England and the US Federal Reserve will publish their decisions on key rates. In addition, the United States will publish data on initial unemployment benefit claims. The GBP/USD pair may be of interest to traders today in terms of potential volatility. If quotes decrease, significant support can be found in the 1.2700 level zone; in the case of growth, an area of potential consolidation and local reversal could be the range around the 1.3150 mark. The 1.3240-1.3400 range represents a significant resistance zone.