The most active trading sessions for the GBP/USD currency pair occur in London and New York, with some activity during Asian markets from 2400 GMT to 0900 GMT..
GBP/USD is sensitive to political and economic developments in the UK. It's influenced by interest rate differentials, economic data, and geopolitical events. For the latest updates and forecasts on GBP/USD, consult reliable sources and market analysis reports to make informed trading decisions
Most Recent
The British pound recovered after a sharp drop on U.S. tariff concerns, but resistance at 1.25 and ongoing volatility suggest further downside potential.
GBP/USD struggles after breaking its uptrend, with traders eyeing BoE policies, US jobs data, and tariff reactions for the next major move.
GBP/USD attempts a rebound but remains below key resistance, with traders watching US economic data for clues on the pair’s next move.
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The British pound struggles to break above the 1.25 resistance level, with technical signals pointing to potential downside ahead of the upcoming Federal Reserve decision.
GBP/USD climbed to 1.2501 after better-than-expected UK economic data, but lingering economic concerns and expected BoE rate cuts may cap further upside.
The British pound surged following stronger-than-expected UK PMI data, approaching key resistance at 1.25, with traders watching for potential exhaustion signals.
The British pound has stalled a bit and as I look at the chart, the 1.2350 level is an area that I think a lot of people will be paying close attention to.
As we predicted and confirmed, the attempts of the GBP/USD currency pair to recover remain weak and await further stimulus.
GBP/USD: Looking bearish, and having run out of momentum the British pound is struggling against a strong US dollar, and in danger of moving down as far as the 1.21 level.
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GBP/USD: High volatility and a bearish outlook for the British pound with the potential bounce presenting an opportunity to short
GBP/USD: Right now USD is overbought and GBP oversold though it is just a matter of time before the pair drops with the 1.21 level as the area to watch
The British Pound has fallen a bit during the trading session on Friday, which in and of itself isn't surprising because we've seen it do that all week.
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GBP/USD finds support at 1.21 amid oversold conditions, with any bounce likely offering selling opportunities as UK and US policy dynamics weigh on the pair.
The GBP/USD pair remains in a strong downtrend, reaching 14-month lows as UK fiscal concerns and oversold technical indicators weigh on sentiment.