As we previously predicted, the currency pair resumed its decline, reaching the target zone and once again testing the 1.2800-1.2860 range. Everything we wrote in the EUR/USD pair review, regarding the impact of the US elections on market dynamics, is applicable to the GBP/USD pair as well. However, the British pound may potentially have higher volatility and trading opportunities, due to the news coming tomorrow. Let's recall that decisions from the Bank of England and the US Federal Reserve about key rates will be known on Thursday. Thus, the GBP/USD pair may potentially be interesting for traders looking for volatile markets.