GBP/USD is currently positioned at 1.3480 on Tuesday, March 10, 2026, marking a continuation of its recovery over three successive sessions following a decline to 1.3285 during the peak of the Iran war oil shock last week. Three days of consecutive gains off that floor appear promising at first glance — however, the underlying structure … Read more
The GBP/USD pair is currently positioned around 1.3340 to 1.3350 on Monday, reflecting a decline of 0.5% for the session. This marks the pound’s lowest point against the dollar since it reached a three-month low of 1.3283 during early European trading. Subsequently, there was a partial recovery to 1.3409 as oil prices retreated from their … Read more
GBP/USD is currently at 1.34111, having declined from recent peaks, amidst a market scenario where two opposing forces are influencing Sterling concurrently. The energy-driven inflation shock stemming from the Iran war is influencing the Bank of England’s rate cut expectations, thereby offering yield support for the pound. Conversely, the recent increase in oil prices that … Read more
GBP/USD is currently at 1.3362 as of March 6, 2026, showing signs of consolidation after a brief dip to three-month lows around 1.3250 earlier this week. This marks a potential third consecutive weekly decline, significantly lower than the late-January peak of 1.3870. The 620-pip decline over a span of five weeks cannot be classified as … Read more
GBP/USD is currently positioned at $1.3361-$1.3380 on Wednesday, showing a slight recovery from the session’s lows but struggling to maintain a definitive break above the $1.3400 psychological threshold that has characterized the pair’s upper limit since the onset of the Iran conflict. The session high reached $1.3403 before sellers regained dominance — a clear rejection … Read more
GBP/USD is currently positioned near 1.34 following a significant intraday decline that momentarily pulled the pair down to the 1.3315–1.3330 range. The recent shift is not arbitrary; it signifies a clear adjustment in the assessment of war risk, as synchronized US–Israel operations targeting Iran, drone assaults throughout the region, and overt threats concerning the Strait … Read more
GBP/USD concluded Friday at 1.3483, having dipped to daily lows around 1.3450 during the afternoon session — effectively reversing the entire mid-week rally that had momentarily reached 1.3575, driven by Nvidia’s earnings-driven equity surge. The pound currently finds itself influenced by three converging factors that exert similar pressure: a Monday gap driven by developments in … Read more
GBP/USD has continued its upward trajectory for the fourth consecutive session, currently trading in the range of 1.3516–1.3530, steadily moving higher within a narrow band of 1.3467–1.3560. The price has been consolidating around the 1.3500 level, with repeated buying interest emerging at dips toward 1.3470, while supply is accumulating in the 1.3535–1.3560 range. Over the … Read more
GBP/USD is fluctuating around the 1.35 level following a significant pullback from the year-to-date peak close to 1.3865. The pair momentarily dipped under 1.3450, reaching four-week lows, before finding stability as the strength of the US dollar diminished and UK data became less definitive. The current spot rate is contained within a range, facing resistance … Read more
GBP/USD declined past the 1.3500 support level, reaching four-week lows beneath 1.3450, with the current price lingering in the 1.34–1.35 range despite robust UK economic data. In January, the public-sector surplus reached £30.4 billion, a significant increase from £14.5 billion in the same month last year. Additionally, the budget deficit for the first ten months … Read more