British Pound
19 STORIESFORECASTS1D
GBP/USD Forecast: Bulls Target 1.3658 After Breakout Holds Above 1.3600GBP/USD is consolidating above 1.3600 after a bullish breakout that lifted the pair to a new three-month high above 1.3630. Traders are watching whether the six-month high at 1.3658 gives way or whether support near 1.3552 and 1.3553 is retested.
FORECASTS2D
GBP/USD Forecast: Bulls Look to Buy Dips as 1.3500 Support HoldsGBP/USD remains supported after UK inflation rose as expected and the US dollar extended its softer tone. Technical traders are watching whether an ascending channel can carry the pair toward resistance at 1.3653.
FORECASTS3D
GBP/USD Climbs Toward Key Resistance as Inverted Head-and-Shoulders Pattern Draws AttentionGBP/USD advanced to its highest level since May, extending a recovery that began after the pair bottomed in June. Traders are weighing a bullish chart structure against a busy run of UK and US macroeconomic data that could fuel near-term volatility.
FORECASTS4D
USD/MXN Stays Under Pressure Near 17.00 as Dollar Weakness Drives MomentumUSD/MXN is trading close to the 17.00 area as broad U.S. dollar weakness continues to support the Mexican peso. Technical traders are watching whether the pair can sustain a break below the psychological threshold or whether volatility triggers a sharp reversal.
FORECASTS8D
GBP/USD Double Top Warning Builds as 1.3480 Becomes Key SupportGBP/USD has retreated from the 1.3550 region after buyers again failed to extend gains near the top of the range. The bearish case remains unconfirmed while 1.3480 holds, leaving traders focused on UK GDP and US PPI for the next catalyst.
FORECASTS11D
GBP/USD Still Refuses to Pick a Side as 1.3500 Caps the AdvanceGBP/USD remains trapped inside its 15-month range, with repeated tests of 1.3500 failing to produce a sustained breakout. Firmer support at 1.3480 and 1.3435 suggests buyers are defending dips more effectively, but sellers still control the upper boundary.
FORECASTS16D
GBP/USD Holds Near 1.3450 as Traders Await US and UK PMI SignalsGBP/USD traded around 1.3450 as markets looked ahead to services PMI releases from both the United States and the United Kingdom. Technical traders are watching whether a developing bullish flag can keep upside pressure in place toward 1.3550 or whether a break below 1.3400 weakens the setup.
FORECASTS18D
GBP/USD Tests 1.3500 as Dollar Momentum Wavers in Choppy Forex TradeGBP/USD is pressing near the 1.3500 area after a short-term upswing, but the pair remains trapped inside a broad range that has dominated for well over one year. FXCOINZ market coverage shows traders are watching US Treasury involvement around the yen, resilient US yields and the 1.3500 level for clues on whether cable can extend higher or fade again.
FORECASTS19D
Dollar Retreats After Fed Hold as EUR/USD and GBP/USD Strengthen on Policy DivergenceThe U.S. dollar softened after the Federal Reserve left rates unchanged, despite three policymakers backing a 25-basis-point increase. EUR/USD and GBP/USD extended bullish technical signals as traders weighed inflation risks, energy-driven price pressures and diverging policy paths across major central banks.
FORECASTS23D
GBP/USD Forecast: Bears Keep Control as Fed and BoE Decisions LoomGBP/USD remains under pressure after softer US consumer confidence and firmer house price data reinforced caution ahead of central bank decisions. Technical traders are watching 1.3150 as the key downside target, while a move back above the 50-day EMA could shift near-term momentum.
FORECASTS25D
GBP/USD Forecast: Pound Holds Narrow Range Before Fed and BoE DecisionsGBP/USD wavered as traders positioned for upcoming Federal Reserve and Bank of England interest rate decisions. Technical traders are watching whether the pair can rebound toward 1.3450 or slip back to 1.3200.
FORECASTS34D
GBP/USD Holds Firm as Sterling Bulls Target 1.3660 Ahead of UK Political TransitionGBP/USD has climbed to 1.3535, its strongest level since May 12, as dollar weakness follows softer US inflation figures. Traders are watching UK political developments, mixed domestic data and upcoming US retail sales for the next directional signal.
FORECASTS ▶35D
GBP/JPY Breakout Confirms Potential for Further GainsGBP/JPY has confirmed a major breakout above long-term resistance, with multiple bullish signals indicating the uptrend may continue following any near-term pullback.
FORECASTS36D
GBP/USD Holds Near Multi-Month High as Sterling Rides Dollar WeaknessGBP/USD climbed to 1.3535, its highest level since May 12, as softer US inflation data weighed on the dollar and supported sterling demand. Traders are watching UK political developments, mixed domestic growth figures and upcoming US retail sales and pending home sales data for the next directional cue.
FORECASTS36D
GBP/USD Holds Above 1.3500 as Sterling Breakout Gains TractionGBP/USD is drawing fresh attention after breaking above the closely watched 1.3500 area and the nearby 1.3489 resistance zone. Traders are now watching whether the former ceiling can become support as pound strength and dollar weakness shape the next move.
FORECASTS38D
GBP/USD Turns Bearish Near 1.3500 as US CPI and Middle East Risk LoomGBP/USD has pulled back from near the top of its two month range, with technical traders watching whether the 1.3500 area continues to cap rebounds. US CPI today, US PPI tomorrow, and renewed USA and Iran tensions add a volatile backdrop for sterling dollar traders.
FORECASTS39D
GBP/USD Near 1.3500 as Bulls Face Key CPI and Support TestGBP/USD is trading within reach of the 1.3500 region, a level market participants are treating as a potential medium-term pivot rather than confirmed resistance. The pair’s bullish channel is showing strain, while US CPI and support around 1.3375 to 1.3350 could decide whether momentum extends or fades.
FORECASTS43D
GBP/USD Breakout Puts 1.3489 and 1.3500 Back in FocusGBP/USD has pushed decisively above the 1.3400 area, turning a long watched resistance zone into a potential support area. Traders are now weighing whether the pair can extend toward 1.3489 and the 1.3500 round number or slip back into choppy trade below the breakout level.
FORECASTS46D
GBP/USD Stalls Below 1.3400 as Double Top Puts Bulls on NoticeGBP/USD is trading near a dense resistance zone after a bullish channel breakout failed to deliver a decisive extension. Traders are watching whether the pair rejects 1.3375-1.3405 or slides toward support around 1.3297 and 1.3300.