Hello,
in principle Embedded Wizard supports any display resolution - of course, 1280x480 can be used for creating a GUI application.
As far as I know, there are no microcontrollers (MCUs) which supports LVDS - so you might need some kind of adapter. But I recommend to check this question with an FAE from your preferred MCU manufacturer.
The supported MCUs and MPUs are shown in the page Build Environments.
What I am wondering: You have tagged your question with "EmbeddedWizard11" - is there any reason to use version 11? Meanwhile we have version 13.
Concerning your menus and GUI components, let me recommend to read the chapters Basic concepts and Quick Tour to get familiar with the workflow and the principles of Embedded Wizard. There are many ready-to-use GUI components (widgets) that can be adapted to your designs.
Best regards,
Manfred.