British Pound

British Pound nearly erased the monthly declines with GBP/USD carving a weekly opening-range ahead of the Fed. Battle lines drawn on the short-term technical charts.

It was a brutal start to 2025 for GBP/USD the past week and a half has been a bit more optimistic. But this bullish channel may turn out to be a bear flag.

British Pound plunged more than 5.2% off the December highs with GBP/USD now responding to pivotal support. Battle lines drawn on the weekly technical chart.

It was a brutal week for the British Pound, with GBP showing its largest weekly loss against the Euro in more than a year.

British Pound plunged nearly 2.7% off the weekly high with price responding to trend support ahead of NFP. Battle lines drawn on the GBP/USD short-term technical charts.

Cable is pushing down to fresh eight-month-lows today, nearing a major support level, and GBP/JPY is showing a non-completed morning star.

British Pound is trading into resistance with the December opening-range intact ahead of the Fed / BoE. Battle lines drawn on the GBP/USD weekly technical chart.

The British Pound continues to recover against the US Dollar after a brutal start to Q4, but can GBP/USD turn this into anything more than a pullback?

British Pound is attempting to break the April uptrend with GBP/USD testing pivotal support ahead of NFP. Battle lines drawn on the technical charts into November open.

British Pound plunged nearly 4% off the yearly high with a four-week decline taking GBP/USD to multi-month lows. Battle lines drawn on the weekly technical chart.

It’s been tough sledding for Cable so far in Q4, but bulls have started to show defense of a major psychological level. Meanwhile, GBP/JPY is holding on to a bullish breakout setup as we go into next week.

GBP/USD may trade within a defined range ahead of the next BoE meeting on November 7 should it defend the September low (1.3002).

The British Pound plunged into October with a third-weekly decline grappling with support at the 1.30-handle. Battle lines drawn on the GBP/USD weekly technical chart.

British Pound plunged into October with a decline of more than 3% now testing the first major support hurdle. Battle lines drawn on the GBP/USD technical charts.

The British Pound breakout extended into initial resistance hurdles at fresh yearly highs. Battle lines drawn on the GBP/USD weekly technical chart heading into Q4.

British Pound is poised to mark a five-day advance with the rally now approaching resistance at fresh yearly highs. Battle lines drawn on the GBP/USD technical charts.

GBPUSD Outlook: After the UK experienced a brief period of economic balance following its first rate cut, upcoming employment, growth, and inflation data are set to play a critical role in shaping the direction of the monetary policy as GBPUSD holds steady above the 1.3 level.