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, […]
GBP/USD rises slightly above 1.3500, looks at Fed rate cut expectations
GBP/USD experienced an uptick after a down opening, trading around 1.3510 during Monday’s Asian hours. The rise seems to stem from challenges facing the US dollar, possibly linked to rising expectations that the Federal Reserve might lower interest rates twice more in 2026. Market participants will likely focus on the Federal Open Market Committee (FOMC) […]
GBP/USD Weekly Outlook: Prices Hovering Near Moderate Optimistic Levels
Created on December 28, 2025 Last Monday, GBP/USD began trading at around 1.33785 and finished near 1.34978 on Friday. Throughout the previous week, the pair showed a strong correlation with other major currencies that appreciated against the USD. The trading volume has been lighter due to the holiday season that started last week. Some might […]