Pound upended by dollar rebound into the weekend- what now for the GBP/USD?

Just as with the Euro and the Yen later on Friday the Pound got well and truly upended by the later session rebound in the dollar. That saw the GBP/USD fall back to 1.2854 ahead of the US close, before later closing out the week, at 1.2887. That close looked a far cry from the push above 1.32 seen just the day before. The further gains above 0.8500 in the EUR/GBP did it no favours whatsoever either and to be honest with you that rise was really quite a surprise here. The EUR/GBP reached 0.8524 on Friday. The other driver to cap the topside has been the falls in the GBP/JPY. So, we have multiple issues of price discovery hampering the GBP/USD. Well, so far today the GBP/USD has traded a range covered by 1.2824 to 1.2933. If that cross rate selling pressure is maintained this week, the topside for the GBP/USD is going to be hard fought again today, unless the dollar really gets smashed across the board. The GBP/USD is right now at 1.2895