GBPUSD Insight

35
Welcome, everyone!
Please share your personal opinions in the comments. Don’t forget to hit the booster and subscribe!

Key Points
- Japanese Prime Minister Shigeru Ishiba has completely denied reports suggesting he might resign, indicating his intention to remain in office.
- The European Union is reportedly preparing retaliatory tariffs worth €100 billion in case negotiations with the United States break down.
- According to major foreign media outlets, the U.S. is close to agreeing on a plan to impose a 15% tariff on EU goods, including automobiles.

This Week's Key Economic Event
+ July 17: Eurozone June Consumer Price Index (CPI)

GBPUSD Chart Analysis
After confirming support at the 1.34000 level, the pair has rebounded and is maintaining an upward trend. The 1.36000–1.36500 range, where trendline resistance lies, will be a key hurdle. If it successfully breaks through this zone, the uptrend is expected to continue smoothly toward the 1.40000 level.
However, if the market unexpectedly shifts downward, we will promptly adjust our strategy.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.