Even this week, there are some significant news releases scheduled for both GBP and USD. The most significant ones are the GBP inflation report hearings, FED Governor's speech, Consumer price index release, retail sales and the meeting minutes for the last Federal Reserve Bank meeting for the FOMC rate statement. It looks like that it will be a pretty active week for GBPUSD. GBP has been struggling for the past 2 weeks against the USD but during the start of this week, it looks as if this weakness is slowly fading away. It will be interesting to see how GBPUSD behaves this week,.