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 remains steady above 1.3540 as the pound resists downward pressure amid mixed UK data and cautious Fed policy outlooks. Technicals show a consolidation phase—watch for a breakout above 1.3660 or a slip below 1.3540 to signal the next directional move.
GBP/USD volatility surged after a strong US jobs report shocked markets. While Sterling initially jumped above 1.2800, the US Dollar rebounded swiftly, supported by cautious Fed rate outlooks and safe-haven demand. Expect consolidation near 1.2650–1.2800 as traders await further cues. #ForexAnalysis
GBP/USD is gearing up to challenge critical resistance around 1.2840–1.2880 after consolidating above key support near 1.2700. Technical and fundamental factors suggest a breakout could be imminent, with next targets near 1.2900 and the 1.3000 psychological level. Watch closely for momentum shifts as volatility tightens.
GBP/USD is gearing up to challenge key resistance near 1.2800 after a period of consolidation. With bullish momentum supported by moving averages and an ascending triangle pattern forming, a decisive break could trigger a strong upward move. Traders should watch for a catalyst amid monetary policy divergence and economic data releases that may define the next trend.
GBP/USD is gearing up to challenge a key resistance near 1.2800 amid mixed economic signals and steady bullish momentum. A decisive breakout could open the door to higher levels toward 1.2900 or 1.3000. Comprehensive analysis by Economies.com highlights the technical setup and fundamental factors traders should watch closely.
GBP/USD continues its steady rise ahead of key US inflation data, as markets weigh Fed policy bets amid mixed UK and US economic signals. Traders remain cautious but optimistic, eyeing Wednesday’s CPI release as a potential catalyst for volatility and direction.
GBP/USD extends its climb as the US Dollar weakens ahead of a critical US inflation report. Market focus intensifies on CPI data that could reshape Fed policy expectations. Strong UK economic signals and risk-on sentiment support Sterling’s resilience amid increased volatility anticipation.
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GBP/USD holds above 1.35 as the US dollar extends its weakness following disappointing payroll data. With soft US jobs figures easing Fed tightening bets and UK economic recovery showing resilience amid Brexit and pandemic challenges, the pair remains supported near key technical levels. Traders should watch for shifts in central bank signals and risk sentiment in the weeks ahead. #Forex #GBPUSD #CurrencyMarkets
