The British pound made a significant move against the 1.3600 barrier on Friday, surging from the 1.3520 area during the European morning to reach an intraday high close to 1.3595. This shift occurred as the geopolitical risk premium supporting the dollar diminished following Iran’s announcement to reopen the Strait of Hormuz. The pair concluded the … Read more
GBP/USD is currently at 1.3534 on April 16, 2026, reflecting a decrease of 0.17% for the session after reaching a two-month peak of 1.3594 earlier today, before pulling back as the U.S. Dollar rebounded from its intraday low of 97.83 towards 98.20. The 60-pip round trip from 1.3594 to 1.3534 in a single session exemplifies … Read more
GBP/USD is currently at 1.3565 in Wednesday’s European session, remaining close to the two-month high of 1.3590 reached on Tuesday — and the gap between these figures is significant at this moment. Seven consecutive sessions of Sterling gains against the Dollar represent the most sustained directional move Cable has produced in months, and the pair … Read more
GBP/USD is currently at 1.3515 on Tuesday morning, marking the highest level in six weeks. This extends a winning streak of seven sessions, resulting in an increase of approximately 365 pips from the low of 1.3150 recorded on March 31. The pair has moved clearly above the 1.3500 psychological level, which had acted as structural … Read more
GBP/USD commenced Monday with a bearish gap — the pair began the week significantly lower, ending a five-day winning streak that had propelled it to its highest point since late February around 1.3485. The initial analysis highlighted the unexpected developments from Sunday night, as U.S.-Iran peace negotiations in Islamabad fell apart after 21 hours. In … Read more
GBP/USD is currently positioned at 1.3420 on Friday, maintaining a position just above the 1.3415 support level after navigating within a 1.3415-1.3430 range for the majority of the Asian session, which clearly indicates the market’s current level of conviction. The pair has rebounded roughly 300 pips from its early April low around 1.3150 — a … Read more
The delicate US-Iran ceasefire, coupled with ongoing regional attacks, has maintained a spotlight on geopolitical risks. US PCE inflation remained steady, and labor market indicators showed continued strength. The expectations for a Bank of England rate hike, coupled with a weaker Dollar, contribute to the ongoing support for Sterling. The GBP/USD pair moves above the … Read more
Sterling continues to strengthen as the ceasefire in Iran triggers widespread selling of the US Dollar. The decline in oil prices, coupled with a positive shift in sentiment, has bolstered the rally of the Pound. The delicate nature of the ceasefire and potential regional assaults may continue to limit upward potential. The Pound Sterling experiences … Read more
On Tuesday, GBP/USD is consolidating at 1.3232. The pound is hovering close to its lowest global levels since late November, influenced by increasing pressure from the uncertainty surrounding the Iran conflict and escalating oil prices. The US dollar remains bolstered by robust US labor market data, leading to diminished expectations regarding Federal Reserve easing. US … Read more
During Monday’s Asian session, GBP/USD encountered dip buyers at 1.3175 — a specific level that has consistently acted as the pair’s intraday floor on several occasions, holding enough technical importance to draw systematic buying whenever it is reached. The pair rebounded above 1.3200 within hours, briefly touching 1.3230-1.3250 as the headlines regarding the Iran ceasefire … Read more