GBP/USD

As we enter a new trading week, the U.S. Dollar Index (DXY) remains range-bound between 104.00 and 105.80, awaiting fresh Fed signals. EUR/USD is bouncing off support near 1.0670 but faces resistance around 1.0800 amid ECB cautiousness and Eurozone political risks. GBP/USD shows bearish pressure, struggling below key levels as Brexit uncertainties linger. NZD/USD continues to test downside momentum with global growth concerns weighing. Traders should watch central bank cues and economic data for potential breakout opportunities. Stay vigilant.
— Weekly Forex Forecast by Justin Bennett

Weekly Forex Forecast from Justin Bennett for Forex Factory:
DXY consolidates near 104.50, holding a symmetrical triangle with resistance at 105.00 and support at 104.20. CPI and PPI data will be key.
EUR/USD struggles below 1.0800 amid bearish momentum; watch 1.0860 resistance and support at 1.0720. Eurozone softness favors USD strength.
GBP/USD trades in a broad range between 1.2515 and 1.2815; focus on 1.2660 resistance and 1.2580 support amid mixed UK data.
NZD/USD remains sensitive to risk sentiment, with support around 0.6350 and resistance near 0.6450 as global growth concerns loom.
Stay tuned to macro updates and technical levels for potential breakouts or reversals this week.

Weekly Forex forecast by Justin Bennett highlights a cautious US Dollar Index (DXY) range between 104.00-105.10 amid Fed’s rate cut outlook. EUR/USD struggles under 1.0850 facing ECB easing and eurozone weakness. GBP/USD and NZD/USD poised for volatility as central bank signals evolve. #ForexForecast

The forex week ahead brings key tests for DXY, EURUSD, GBPUSD, and NZDUSD. DXY nears resistance at 105 amid mixed US data and hawkish Fed signals. EURUSD remains capped under 1.08 with French political risks and ECB rate cuts weighing. GBPUSD eyes UK election progress and BoE cues, while NZDUSD tracks domestic growth data and RBNZ outlook. Watch critical support and resistance levels as data and central bank speak shape trades this week.

Euro gains ground as the dollar weakens, pushing EUR/USD closer to the key 1.1800 level. Soft U.S. data and shifting Fed expectations fuel dollar retreat, while improving eurozone fundamentals and ECB’s cautious policy underpin euro strength. Traders watch technical barriers and upcoming economic releases for the next move.
— TradingNews.com Analyst Team

The forex market remains shaped by central bank signals and economic data. EUR/USD wrestles with ECB dovishness versus US resilience, holding between 1.0780–1.0900. GBP/USD faces mixed UK inflation and BoE caution near 1.2800, while AUD/USD reacts to RBA outlook amid China growth concerns. Watch PMI and inflation releases for key directional cues this week.

Weekly Forex Forecast (Sept 8-12, 2025):
DXY stays bullish above 105.20, eyes on 107.00 resistance ahead of key US inflation data and Fed remarks.
EURUSD rests near support at 1.0720-1.0730; a break lower targets 1.0650, while rallies above 1.0850 may signal a correction.
GBPUSD and NZDUSD face volatility amid mixed UK/NZ data and USD strength.
XAUUSD (Gold) looks for direction as macro risks persist.
Analysis by Justin Bennett at DailyPriceAction.com highlights a pivotal week shaping Q4 trends.

GBP/USD showed volatility last week amid mixed UK growth signals and shifting Fed-BoE expectations. Sterling hovered near 1.2720, pressured by sticky UK inflation and resilient US jobs data. This week, focus remains on UK labor reports and Fed comments as traders watch for cues on upcoming rate moves and potential market corrections.

GBP/USD steadies near 1.28 as the pound shows resilience amid hawkish Bank of England signals. Traders await key US data—including non-farm payrolls and core PCE inflation—that could sway dollar sentiment and set near-term forex trends.

What surging UK and French bond yields reveal about forex markets: Rising yields reflect persistent inflation risks, political uncertainty, and fiscal concerns, leading to cautious central bank expectations. For GBP and EUR, this means increased volatility as investors weigh yield-driven inflows against growth prospects and policy divergence. Insights from The Expat Portfolio on Seeking Alpha.