About 9.5% of daily trades. Referred to as “Cable,” it’s volatile but widely traded due to the strength of the UK and U.S. economies
GBP/USD climbs above 1.3500 amid broad US Dollar weakness ahead of the ISM Services PMI release. Market eyes the key US economic data for clues on Fed policy, fueling renewed Pound strength and positioning the pair near 2024 highs.
GBP/USD is consolidating around 1.3500 as traders await key US macro data for direction. With USD strength tied to Fed tightening hopes and the Pound showing resilience amid UK uncertainties, the upcoming Nonfarm Payrolls and other releases could set the near-term trend for the pair.
GBP/USD remains range-bound near 1.3500 as markets await key US economic data. With BoE’s cautious tightening and USD strength from Fed rate hike expectations, traders look to payrolls, inflation, and retail sales for the next big move. Stability continues amid mixed signals.
GBP/USD sees renewed USD support as sterling momentum fades amid mixed UK data and cautious BoE signals. Investors weigh strong US economic resilience and Fed’s data-driven stance against UK headwinds. Watch for upcoming central bank cues shaping 2026 outlook. #Forex #GBPUSD #USD
US Dollar price action kicks off 2026 with key setups across EUR/USD, GBP/USD, and USD/JPY. DXY rebounds from multi-week lows, supporting USD strength amid hawkish Fed signals. EUR/USD faces resistance near 1.1000 with downside risk if 1.0850 breaks. GBP/USD shows bearish bias below 1.2800, eyeing 1.2600 support. USD/JPY holds gains above 134 as risk sentiment wavers. Watch US inflation and employment data for next moves.
— Analysis by James Stanley, Forex.com
GBP/USD breaks decisively above 1.3500, with this key level now acting as strong support. Momentum remains firmly with buyers as technical and fundamental factors align, supporting further upside potential in the pair’s bullish run. Analysis by Fiona Cincotta at City Index.
GBP/USD slipped below 1.3550 as the US dollar rebounded despite softer-than-expected US PMI readings. Market focus remains on Fed policy and global growth concerns, driving safe-haven demand for the dollar while Brexit uncertainties dampen Sterling’s appeal. Technical momentum favors further downside risk in the near term.
GBP/USD hits a 14-week high, breaking above key resistance at 1.2800 amid mixed economic data and shifting central bank expectations. Technical indicators suggest bullish momentum with support near 1.2800, while market focus turns to upcoming inflation and policy updates. ActionForex.com provides a detailed outlook on drivers and potential scenarios ahead.
The US dollar faces significant pressure ahead of this week’s crucial non-farm payrolls (NFP) report, with market focus on Fed policy shifts and economic data. GBP/USD and EUR/USD remain volatile amid diverging fundamentals in the US, UK, and Europe. Watch for NFP outcomes to shape the next directional move in these pairs. Analysis by James Hyerczyk, FXEmpire.
Foreign exchange markets remain shaped by uneven economic recovery, policy divergence, geopolitical tensions, and inflation trends. Key drivers include central bank actions, commodity cycles, and emerging market vulnerabilities. Traders must balance macro fundamentals with technical signals to navigate volatility and identify opportunities. For detailed analysis, see Bitget News Team’s report at bitget.com/news/detail/12560605131511. Credit: Original analysis from Bitget News Team.
