IC平台：英镑对美元汇率继续上涨，但后续动力有限

Core Viewpoint - The GBP/USD exchange rate has shown a recovery trend after hitting a three-week low, with current trading around 1.3475, reflecting a short-term rebound despite multiple constraints on further upward movement [1]. Group 1: USD Factors - Concerns regarding the independence of the Federal Reserve's policies have increased, impacting the attractiveness of the USD and contributing to the rise of GBP/USD [3]. - Recent mixed economic data from the U.S. has heightened market uncertainty regarding the Fed's policy direction, with non-farm payroll data falling short of expectations while the unemployment rate has decreased, leading to a cautious outlook on the USD [3]. - The market is focused on upcoming U.S. consumer inflation data, which will provide critical guidance for future USD movements and Fed policy expectations [3]. Group 2: GBP Factors - Market expectations regarding the Bank of England's policies are a significant constraint on the strength of the GBP, with predictions of two potential rate cuts by 2026 putting pressure on the currency [3]. - The upcoming release of the monthly GDP report for the UK is anticipated to provide clearer direction for GBP movements and currency pair volatility [4]. - Key economic data releases this week, including U.S. consumer inflation and producer price index, are expected to influence GBP/USD dynamics, with a likely range-bound trading pattern in the short term [4].