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
GBP/USD commenced Thursday’s Asian session around $1.3345, aligning closely with the weekly peak of roughly $1.3315 to $1.3345 that Cable achieved during Wednesday’s rebound. Throughout the session, the pair experienced a consistent decline as the implications of Trump’s Wednesday night address resonated across trading desks from Tokyo to London to New York. The pair experienced … Read more
GBP/USD ended a five-day decline on Tuesday, hovering around 1.3200 after bouncing back from a session low of 1.3150. However, the technical structure, macro fundamentals, and institutional positioning all indicate a consistent trend towards lower levels. The pair has decreased from its January 27 peak of 1.3869 — the highest point since September 2021 — … Read more
GBP/USD is currently at $1.3187 on Monday, reflecting a decline of 0.55% for the session. The price is positioned below the SMA-20 at $1.3327, the SMA-50 at $1.3436, and the SMA-200 at $1.3401 — indicating that all significant moving averages are situated above the current price and trending downward. The three-layer moving average compression should … Read more
GBP/USD is currently positioned at 1.3300-1.3311 on Friday, continuing its downward trend for the fourth consecutive session and reflecting a decline of over 1% for the month. The pair declined from Monday’s weekly peak of 1.3480 to Friday’s level close to 1.3300 — a 180-pip decrease over five sessions influenced solely by macroeconomic factors beyond … Read more
GBP/USD is currently positioned at 1.3360 on Thursday, maintaining a narrow range that has characterized the pair’s price movements for approximately six weeks. The underlying technical framework, despite the apparent tranquility, is accumulating pressure that is likely to culminate in a significant directional shift. Cable has been contained within a symmetrical triangle since late February, … Read more
GBP/USD is currently positioned at 1.3382 on Tuesday, March 24, 2026 — reflecting a decline of 0.16% for the session after reaching a daily peak of 1.3445 in early trading, where sellers regained dominance at the precise level that has consistently limited significant rally efforts for several weeks. The pair finds itself influenced by two … Read more
GBP/USD is currently positioned between 1.3380 and 1.3400 on Friday, reflecting a decline of 0.21% to 0.39% for the day. This follows Cable’s weekly peak of 1.3467 on Thursday, marking one of the most significant single-session reversals observed in recent months. The intraday spread on Friday exhibited a narrow range — the pair experienced downward … Read more
GBP/USD is currently at 1.3320 on Wednesday, reflecting a decline of 0.23% for the session. It is positioned within a well-defined technical range among the major currency pairs at this time. The pair has established a pattern of lower highs and lower lows since the January 29th peak of 1.3847 — a downward trend that … Read more
GBP/USD is currently positioned within the 1.3250 to 1.3260 range on Friday, marking fresh yearly lows, following a significant drop below the 1.3300 level, which had acted as a near-term psychological support for the majority of the week. The pair has experienced a decline for four consecutive sessions, losing around 300 pips from the 1.3575 … Read more