GBP/USD at approximately 1.3420 indicates that the dollar is currently dominant, rather than sterling. The pair encountered resistance above 1.3567, establishing a definitive short-term peak at that level, subsequently declining towards the 1.34 mark as US data strengthened the demand for USD. ISM services exceeded expectations, with new orders and prices paid remaining high, reinforcing … Read more
GBP/USD is currently positioned near 1.3420, approaching its weekly low and the significant 1.3400 area, following an inability to maintain early-week advances towards 1.3567, where a distinct short-term peak was established prior to a notable downturn. The recent decline is primarily attributed to the strength of the USD. A series of stronger-than-anticipated US economic indicators … Read more
GBP/USD is currently positioned at approximately 1.3430–1.3435, resting at its weekly low after struggling to maintain levels above the 1.3550–1.3570 resistance zone, where it recorded a four-month peak close to 1.3568. The pair has experienced a decline for four consecutive sessions, shifting from the mid-1.35s to the low-1.34s as the U.S. Dollar Index approaches 99.00 … Read more
GBP/USD is currently positioned between 1.3450 and 1.3465, undergoing consolidation following its inability to maintain the 1.3560–1.3570 peak, marking the highest point since mid-September. The pair is currently confined within a distinct short-term range, with support located around 1.3400 and resistance positioned between 1.3520 and 1.3560. The US Dollar Index is currently positioned between 98.70 … Read more
The US Dollar Index is currently positioned within the 98.50–98.65 range, forming an ascending triangle pattern. Support levels are identified near 98.50 and 98.15, while resistance is concentrated between 98.85 and 99.07. The current structure indicates that the Dollar has established a support level, yet there hasn’t been a clear breakout to the upside. This … Read more
The GBP/USD pair has entered a distinctly positive territory, oscillating throughout the day between 1.3520 and 1.3560 after reaching a new three-month peak at 1.3562 during early Asian trading and subsequently surging again towards 1.3567 later in the session. The market has moved past the 1.3500 level, trading confidently above it, which aligns with expectations … Read more
GBP/USD is currently positioned between 1.3420 and 1.3450 following a minor bearish gap and an unsuccessful effort to maintain levels above the mid-1.3400s. The recent movement is primarily influenced by the USD side: the US Dollar Index is approaching the 98.6–98.7 range, bolstered by safe-haven flows following the US operation in Venezuela and the capture … Read more
The GBP/USD pair is currently stabilizing at approximately 1.3450, following a year that commenced near 1.21, which marked a 15-month low, and reached a peak of 1.3790, representing a four-year high. The trajectory of that price is significant as it establishes the two thresholds that govern behavior in 2026. 1.35 is not merely a round … Read more
GBP/USD starts 2026 trading in the range of 1.3400 to 1.3500, with the spot consistently moving towards 1.3450–1.3475. During the initial sessions of the year, the pair momentarily advanced toward 1.3490–1.3500 before retreating below 1.3450 following a rejection near 1.3475. The recent rebound from the 1.3400 level maintains a positive short-term outlook: sellers are present … Read more
GBP/USD begins 2026 within the $1.3450–$1.3490 range, bolstered mainly by the differences in central bank policies. The Federal Reserve has implemented three cuts thus far, adjusting the target range to 3.50%–3.75%. Market expectations indicate the possibility of two additional reductions by 2026. The trajectory narrows the yield differential compared to other major currencies and consistently … Read more