British Pound / U.S. Dollar

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British Pound / U.S. Dollar forum


GBPUSD
Pound Hits $1.35 on Weaker Dollar
The pound climbed to $1.35, supported by a weaker dollar and cautious positioning ahead of the August 1 U.S. tariff deadline. Investors expect UK economic data to show improving momentum, while the Bank of England may scale back bond sales due to weak demand. Despite the optimism, markets still price in two BoE rate cuts in 2025.

Resistance stands at 1.3550, with support at 1.3380.
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GBPUSD

📊GBPUSD Q3 | D23 | W30 | Y25

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GBPUSD I dont get why people are selling.... just follow the trend ...
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GBPUSD This could either be a rally base rally play coming up but if we drop towards 1.3485-90 , go long. Heavy buy orders in that area.
Good luck