GBP/USD price action now seems like it might be within the early stages of a breakout higher with technical resistance around the 1.3750-mark within the car mirror. That said, it appears there could be some open runway for Pound-Dollar bulls to push toward the 1.4000-handle. GBP/USD is predicted to be one among the foremost active major currency pairs on Wednesday judging by its implied move of 54-pips. US Dollar volatility has the potential to accelerate in response to commentary expected from Federal Reserve System Chair Jerome Powell during his speech scheduled for Wednesday, 10 February at 19:00 GMT.
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