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 as geopolitical developments weaken the US dollar. Diplomatic progress and mixed US data soften greenback, while a hawkish Bank of England and UK economic resilience boost sterling. Traders eye this key technical breakout amid ongoing global uncertainty. (Credit: VT Markets Live Updates Team)
GBP/USD hovers near 1.34 amid key support and resistance levels. As central banks weigh inflation and growth signals, traders look to see if the pound can break above the psychological 1.35 barrier. Watch for a daily close above 1.35 and strong volume to confirm a bullish breakout. Full forecast by Trading News Staff at tradingnews.com.
GBP/USD has climbed to 1.34, nearing the key 1.35 resistance. Strong UK economic data, a hawkish Bank of England stance, and a softer US dollar are fueling optimism. Will the pound break through this psychological barrier soon? Traders are watching closely. #Forex #GBPUSD #TradingNews
GBP/USD hovers near 1.34 as the Pound tests key resistance at 1.35—a level that has held firm since the Brexit era. Strong UK economic data and a balanced BoE support Sterling, while a moderating US Dollar adds to the mix. Will GBP break through or retreat? Stay tuned for updates.
By Trading News Team / TradingNews.com Editors
GBP/USD mid-day outlook shows consolidation as the pair balances near 1.27–1.28 amid mixed UK and US economic data. Technicals highlight neutral momentum with key support at 1.2694 and resistance at 1.2802. Watch for breakout signals as traders assess medium-term trends and major moving averages for directional cues. #ForexAnalysis #GBPUSD
Pound shows strong momentum against the dollar in early 2024, challenging key resistance around 1.35. Meanwhile, the FTSE 100 hits record highs, driven by attractive valuations and sector strength. Can the GBP/USD sustain this rally amid evolving economic and monetary factors? Insights from Tim Clayton at CurrencyNews.co.uk.
Pound Sterling has shown resilience lately, but can GBP/USD break above the key 1.35 level as the FTSE 100 hits record highs? Strong UK equities and shifting Bank of England rate expectations create a complex backdrop, while US data and Fed policy continue to shape the Dollar’s strength. What’s next for the Pound?
— Tim Clayton, Currency News UK
GBP/USD hovers near the key 1.35 level amid mixed signals from inflation data and central bank policies. Meanwhile, the FTSE 100 hits record highs fueled by commodity gains and resilient multinational earnings. Will the pound break through 1.35 or face renewed pressure? Market watchers stay tuned.
USD/CAD is showing resilience after shedding recent bearish pressures. The pair found strong support near 1.3265 and reclaimed ground above the 50-period SMA on the four-hour chart. Momentum indicators like RSI and MACD suggest a shift from negative to neutral-bullish sentiment. Key resistance levels at 1.3330 and 1.3380 will be critical in determining if a sustained upside move can develop. Underlying fundamentals, including a supportive US labor market and softer crude prices weighing on the Canadian dollar, continue to influence price action. Traders should watch these technical zones alongside evolving macro conditions for clues on the pair’s next direction. Analysis reference: Economies.com, Jan 5, 2026.
Forex markets spotlight key assets as traders navigate central bank cues and global uncertainties. EUR/USD remains range-bound near 1.0850–1.0900 amid Federal Reserve and Eurozone data anticipation. GBP/USD tests 1.2800 resistance with hopes pinned on UK economic resilience and Bank of England posture. Gold’s appeal as a safe haven rises amid volatility, facing resistance near $2,030 with support around $2,000. GBP/JPY trades within an uptrend channel, eyeing key resistance near 181.00 and support around 179.00. Technical setups and fundamental insights from Haresh Menghani’s analysis help traders stay prepared. Credit: Forex Factory
