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A collection of US dollars, euros, and Turkish lira banknotes on a wooden surface.
FORECASTSOCT 12, 2026
GBP/USD Wavers Near 1.3236 as US CPI and UK GDP Data Loom
GBP/USD traded near 1.3236 on Monday as higher crude oil prices, rising bond yields and upcoming macro data kept sterling traders cautious. Technical traders are watching 1.3150 and 1.3300 as near term levels while the pair remains caught between bearish momentum and early reversal signals.
Detailed view of overlapping 100 Euro banknotes showcasing intricate design details.
FORECASTSAUG 12, 2026
GBP/USD Holds Key Resistance as Bulls Target 1.3652 Ahead of US CPI and UK GDP
GBP/USD is trading near a crucial resistance area after weak US jobs figures pressured the dollar and lifted sterling momentum. Traders are watching US inflation and UK growth data for fresh clues on the Federal Reserve and Bank of England policy paths.