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 1.3362 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 at 1.3337 on Thursday, reflecting a decrease of 0.25%, remaining close to three-month lows within a descending channel that has limited every rally since the 1.3869 swing high. Two forces are acting concurrently on sterling: geopolitical safe-haven demand pushing the DXY to 98.90-99.00 for a third straight day, and U.S. economic data … 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 reached a high of 1.3575 earlier this week, benefiting from global risk appetite and the equity surge driven by Nvidia’s earnings, only to relinquish those gains subsequently. Cable was at 1.3492 on Friday morning, but it fell to daily lows around 1.3450 by the afternoon session, declining despite the FTSE 100 reaching a new … Read more
The GBP/USD pair is currently situated in the 1.3530–1.3565 range, with the spot price fluctuating approximately between 1.3531 and 1.3540 during European trading and reaching around 1.3565 in Asia. The price is positioned nearly precisely on the 20-day EMA at 1.3562, indicating a market that is currently in a state of equilibrium rather than exhibiting … Read more
The USD/JPY currency pair has been fluctuating between approximately ¥155.75 and ¥156.80–156.85, following a peak at a two-week high near 156.8 before retreating toward the 155.7–156.0 range. The movement from just below ¥156.00 to ¥156.8, followed by the rejection, indicates a market that remains bullish on dollars, yet is becoming more responsive to any signals … Read more
GBP/USD is currently positioned around 1.3470–1.3488, influenced by the Bank of England’s shift towards easing measures and a USD that remains resilient. MPC member Alan Taylor discussed the possibility of “two or three” additional cuts before the Bank Rate attains a neutral level, highlighting the risks leaning towards lower inflation and increased unemployment, while conveying … 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
The GBP/USD pair is currently positioned slightly above 1.36, fluctuating between 1.3640 and 1.3635 following several unsuccessful attempts to maintain levels above the 1.37 to 1.3760 range. The structure continues to exhibit higher highs and higher lows; however, the most recent advance has paused just below a descending trendline and a Fibonacci cluster around 1.3690–1.3700, … Read more