GBP/USD Outlook: Bullish or Bearish?

GBPUSD
As the new week unfolds, market uncertainty ahead of potential interest rate cuts, GBP/USD could go in either direction on Monday.

Bullish Scenario: The price revisits the IVFG, respecting it once more before disregarding the marked BPR and continuing its upward trajectory, rallying to take out sell-side liquidity.

Bearish Scenario: The price fails to respect the IVFG, revisiting it for a bearish continuation to clear buy-side liquidity.