GBP/USD stabilizes under the mid-1.3400s as traders watch for US jobs report
The GBP/USD currency pair is currently in a state of consolidation, hovering around 1.3435 during Friday’s Asian trading session. This level is just above the weekly low that was tested the day before. Traders seem somewhat passive at the moment, possibly opting to wait before making any major moves ahead of the eagerly awaited U.S. […]
GBP/USD pauses around 1.3500 as strong US data and cautious sentiment take hold
On Wednesday, the British pound (GBP) dipped by 0.10% against the US dollar (USD), a reaction to less-than-ideal economic indicators from the United Kingdom (UK) as well as positive employment figures from the United States. As of this moment, GBP/USD is trading at 1.3486 after previously rising to a daily peak of 1.3516. Positive US […]
GBP/USD rises above 1.3500 as the US Dollar loses strength before ISM Services PMI
GBP/USD gained some ground after experiencing modest increases in the previous session, trading around 1.3510 during Asian hours on Wednesday. This rise has occurred as the US dollar faces challenges ahead of the upcoming US ISM Services Purchasing Managers Index (PMI) and JOLT job numbers due later today. On Tuesday, Federal Reserve President Stephen Milan […]
GBP/USD drops under 1.3550 as the US Dollar strengthens even with weak US PMIs
The British pound (GBP) slipped on Tuesday after reaching a peak of 1.3567 earlier in the day. This happened even as the US dollar (USD) recovered, despite some underwhelming Purchasing Managers’ Index (PMI) figures and comments from Federal Reserve officials who maintained a neutral stance. At the moment, GBP/USD is trading at 1.3519, down 0.15%. […]
GBP/USD Price Outlook: Hits new three-month peaks over 1.3550
The GBP/USD pair has seen an increase for the second consecutive day, trading near 1.3560 during Asian hours on Tuesday. An analysis of the daily chart reveals a consistent bullish trend. The 14-day Relative Strength Index (RSI) approached an overbought level at 69.29, suggesting that if it moves further into overbought territory, the market could […]
GBP/USD rises above 1.3500 as the Dollar falters due to geopolitical tensions and weak US data
GBP/USD jumped over 0.29% on Monday, with recent geopolitical events undoing earlier gains that stemmed from market nervousness. The currency pair bounced back from a daily low of 1.3413 and is now trading around 1.3500. Sterling rises as sentiment improves; dollar falters amid disappointing US ISM data The improved mood in the markets weakened the […]
GBP/USD Price Prediction: Drops toward 1.3400 near 50-day EMA
The GBP/USD currency pair continued its downward trend for a second day, trading around 1.3420 during Asian hours on Monday. A look at the daily chart reveals that the 14-day Relative Strength Index (RSI) has moved down from the overbought zone, now at 53, which is neutral, but it still stays above the middle line, […]
GBP/USD declines under the mid-1.3400s as the USD strengthens amid geopolitical concerns.
GBP/USD Weekly Update The GBP/USD currency pair began the week with a minor bearish gap, hovering just under the mid-1.3400s during Asian trading hours, experiencing a slight decline of 0.10% for the day. Nevertheless, there hasn’t been much follow-through selling, and prices have managed to hold above last week’s lows, despite somewhat mixed economic indicators. […]
GBP/USD Forex Update 29/12: Stable Consolidation (Chart)
Created on December 29, 2025 The previous GBP/USD indicator from December 16 led to a loss on a long trade. Current GBP/USD Signal The risk level is set at 0.75%. Trades should only be made by 5 PM Tokyo time on Tuesday. Long Trade Suggestions Consider entering a long position following a bullish reversal in […]
GBP/USD Price Prediction: Weakens below 1.3500 but maintains a positive technical perspective
The GBP/USD pair experienced a decline around 1.3485 in early European trading on Monday, influenced by increased demand for the US dollar (USD). Recently, the Bank of England (BoE) has suggested that its monetary policy will follow a steady downward path, hinting that major currency pairs might not see significant downside. In its December meeting, […]