GBP/USD tests critical support amid directional uncertainty

GBP/USD remains under pressure as the pair struggles to find clear direction, with traders closely monitoring key support levels that could determine the next significant move. The cable faces heightened risk of breaking below crucial technical support, which would open the path for deeper losses toward lower targets. Current price action reflects broader dollar strength trends, with the greenback maintaining its appeal amid global economic uncertainties. Technical analysis reveals the pair trapped in a narrowing range, with declining momentum suggesting bears may gain control. Market participants await fresh catalysts from either UK economic data or shifts in Federal Reserve policy expectations to provide directional clarity. The psychological support level represents a critical juncture, with a decisive break potentially triggering accelerated selling pressure. Risk management becomes paramount as volatility expectations rise around these key technical levels, with traders positioning for a potential breakout in either direction.