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
GBPUSD shows a clear bearish trend with key resistance near 1.27400 and support around 1.26350. Momentum indicators confirm downside bias, while any break below support could lead to further declines. Watch for short-term bounces near oversold RSI levels, but overall outlook remains cautious. Insights inspired by TradingView’s DrDovetail. #Forex #GBPUSD #TechnicalAnalysis
The US dollar edged lower last week amid revived US-China trade tensions and cautious sentiment ahead of key data releases. Markets now focus on Friday’s US Non-Farm Payrolls and the Eurozone’s flash HICP, both set to influence central bank policies and forex volatility in the days ahead.
AUD/USD remains stuck in a narrow range as investors wait for key US inflation data and Australian retail sales. With the Fed signaling no early rate cuts and mixed Aussie economic signals, the pair lacks clear direction ahead of this week’s pivotal releases. Market focus is on inflation, jobs, and consumer activity for fresh momentum.
Citi forecasts GBP/USD to decline to 1.24 by 2027, citing weak UK economic growth, fiscal constraints, political uncertainty, and Brexit-related challenges. Persistent headwinds and a strong US dollar may keep Sterling under pressure in the years ahead.
GBP/USD extends gains for the fourth consecutive day as investors recalibrate expectations on the Bank of England’s rate outlook. Positive UK economic data, persistent inflation concerns, and a softer US dollar underpin the pound’s strength amid cautious market sentiment.
GBP/USD struggles to break sustained resistance above 1.3500, facing persistent selling pressure despite supportive UK data and cautious Fed policy. Key levels: support at 1.3350–1.3400, resistance 1.3500–1.3550. Watch for a decisive breakout to signal trend direction. Analysis by Continuum Economics team.
The US Dollar Index (DXY) declines as fresh US tariffs ignite global trade tensions and risk aversion. UOB highlights that escalating protectionism dampens dollar strength despite usual safe-haven demand, signaling limited near-term upside amid rising geopolitical uncertainties.
As we approach the week of February 22–27, 2026, major FX pairs face critical technical and fundamental tests. The US Dollar holds above key supports amid Fed’s “higher-for-longer” stance; watch DXY resistance near 105.10. EUR/USD battles resistance around 1.0890 with downside support near 1.0780. GBP/USD eyes 1.2740 resistance, supported above 1.2630, while USD/JPY nears 151.60—potential intervention zone. Key US and UK data could trigger volatility. Stay prepared and manage risks accordingly.
GBP/USD breaks below key range lows near 1.2620, testing critical support at the 200-day moving average around 1.2550. With BoE rate cut speculation rising and Fed policy divergence ongoing, the pair’s short-term direction is uncertain. Will the 200DMA halt the slide or is further downside ahead? Analysis adapted from Matt Weller, FOREX.com.
GBP/USD has resumed its decline, retreating from key resistance near 1.2650 and trading around 1.2540 as bearish momentum strengthens. Technical indicators and market sentiment suggest further downside risk unless the pair holds above immediate support at 1.2520. Economic uncertainties in the UK and a firm US dollar continue to drive this trend. Stay tuned for updates. #Forex #GBPUSD
