GBP/USD commenced the week at approximately 1.3325 and concluded around 1.3373, navigating within a constrained range of 1.3288–1.3434. That represents approximately a +0.36% increase on a weekly basis – a steady yet not dramatic upward movement. The EUR/USD pair commenced trading close to 1.1640, subsequently rallied to 1.1762, and concluded at approximately 1.1743, reflecting a … Read more
GBP/USD exhibited a notably positive trend this week, reaching multi-week highs in the 1.3430–1.3438 range before retreating to approximately 1.3360 by the end of the trading session. The recent movement was propelled by the latest 25 basis points Federal Reserve rate cut and indications of additional easing anticipated in 2026, impacting the USD and enabling … Read more
The recent movement in GBP/USD is underpinned by a fundamentally weaker USD. The dollar index is currently positioned between 98.20 and 98.34 within a distinct descending channel. Resistance levels are identified near 98.76 and 99.24, while support is found around 97.80 and 97.47. The price is currently positioned beneath the 20- and 50-day EMAs, which … Read more
GBP/USD is currently positioned in the 1.3370–1.3420 range following a significant upward movement from the 1.3000 low observed on 4 November, primarily driven by a softer USD. The Fed executed a third consecutive 25 basis points reduction, adjusting the funds rate to a range of 3.50–3.75% with a 9–3 vote, which subsequently led to widespread … Read more
The GBP/USD pair is currently trading at 1.33 United States Dollar, showing a 0.23% intraday increase after recovering from earlier lows near 1.3296. Sterling’s strength continues to build as investors anticipate synchronized policy easing from both the Federal Reserve and the Bank of England. The price action continues to show strong support above the 15-day … Read more
The GBP/USD pair is experiencing an upward trend for the third week in a row, currently trading around 1.3330, marking its highest point since October 27. The British pound’s recovery is occurring as investors are factoring in a 93% probability of a Federal Reserve rate cut at this week’s meeting, which has driven the U.S. … Read more
GBP/USD rose to 1.3349, reflecting a 0.19% increase for the day, as market participants intensified their positioning in anticipation of next week’s FOMC decision. The U.S. Dollar Index is currently trading weakly in the range of 98.9–99.3, marking its lowest level since May, as market participants assign an 84–90% likelihood to a 25-basis-point rate cut … Read more