Over the past three trading days, GBPUSD has shown notable volatility, closing yesterday at 1.34383 with a slight downward bias. The tentative peace talks between the US and Iran have softened the US dollar, allowing the British pound to regain some ground, although geopolitical uncertainty continues to weigh on market sentiment. For everyday investors, this means potential range-bound movement and the need for caution around key technical levels. This week’s price action displays GBPUSD oscillating between 1.34 and 1.35, lacking a clear directional momentum. Traders should pay close attention to technical support and resistance zones, alongside upcoming economic data and the Bank of England Governor’s speech, all of which could trigger meaningful price fluctuations.