TRENDING:

XAU/USD

EUR/USD

GBP/USD

Silver

Newsletter

Pound Sterling Price News and Forecast: GBP/USD consolidates the recovery below 1.3500

FXStreet Team FXStreet

GBP/USD testing offers near 1.3500 as Brexit concerns intensify

GBP/USD appears to pause its recovery from two-month lows of 1.3424 in early Asian dealings on Monday, as Brexit concerns are seen returning, spoiling the party for the GBP trading. The 1.3500 remains a tough nut to crack for the GBP bulls, as the Irish Foreign Minister Simon Coveney warned against the UK government’s readiness to trigger Article 16 of Northern Ireland.

GBP/USD

Overview
Today last price	1.3473
Today Daily Change	-0.0026
Today Daily Change %	-0.19
Today daily open	1.3499

Trends
Daily SMA20	1.3693
Daily SMA50	1.3701
Daily SMA100	1.3761
Daily SMA200	1.3849

Levels
Previous Daily High	1.3509
Previous Daily Low	1.3424
Previous Weekly High	1.3698
Previous Weekly Low	1.3424
Previous Monthly High	1.3834
Previous Monthly Low	1.3434
Daily Fibonacci 38.2%	1.3477
Daily Fibonacci 61.8%	1.3457
Daily Pivot Point S1	1.3446
Daily Pivot Point S2	1.3393
Daily Pivot Point S3	1.3361
Daily Pivot Point R1	1.353
Daily Pivot Point R2	1.3562
Daily Pivot Point R3	1.3615

GBP/USD Weekly Forecast: UK growth and US inflation data leave no room to rest after the crash

The first week of November has been one to remember – a crash of nearly 300 pips due to BOE's "close call" to refrain from raising rates and the Fed's expected, yet marginally hawkish tapering decision. Politics on both sides of the pond may now move from the back burner to the fore.

AUD/USD sits near monthly top, above 0.7000 as renewed USD buying caps gains

AUD/USD holds a positive bias for the fourth straight day, trading above 0.7000 in the Asian session on Wednesday and near the monthly high set the previous day after RBA Deputy Governor Andrew Hauser's hawkish remarks. Meanwhile, the US Dollar attracts some buyers as energy-driven inflation fears keep bets for at least one Fed rate hike in 2026 firmly on the table. Moreover, geopolitical uncertainty is acting as a tailwind for the safe-haven buck and caps gains for the Aussie.

USD/JPY eyes 158.50 amid modest USD strength; remains confined in a familiar range

USD/JPY attracts some dip-buyers during the Asian session on Wednesday, though it remains confined within a multi-week range as the uncertainty over the timing of the next BoJ rate hike keep Japanese Yen bulls on the defensive. Meanwhile, hawkish Fed expectations, bolstered by inflation risks stemming from volatile oil prices, underpin the US Dollar. However, looming intervention fears could limit JPY losses and cap the currency pair.

Gold struggles near weekly low, just above $4,100 amid USD uptick

Gold remains depressed for the fourth straight day, flirting with the weekly low during Wednesday’s Asian session, with bears awaiting a sustained break below $4,100 before placing fresh bets. Energy-driven inflation fears keep Fed hike bets firmly on the table, reviving US Dollar demand and undermining the non-yielding bullion. However, an unconfirmed report of US-Iran diplomacy could cap the safe-haven buck, which could offer some support to the precious metal.

Ethereum bounces off $2,400 for a sixth day despite ETF outflows

Ethereum (ETH) bounced again near the $2,400 level on Tuesday, the sixth straight day, as its on-chain cost basis and key moving averages have stood as key support levels. The sub-$2,400 level has proven to be a strong support for the top altcoin over the past week amid macro pressures. Buyers have repeatedly stepped in to defend prices whenever it falls below the level.

SpaceX's earnings don't matter. What they unlock does

The Elon Musk-founded SpaceX reports third-quarter results after Tuesday's session. The figure that decides the next month for the stock isn't in them. On Thursday, the second full trading day after the release, up to 1.3 billion shares held by employees and early investors become eligible for sale.

The US Dollar fell. Gold didn't rally. That tells you everything

Gold (XAU/USD) is struggling to capitalize on a weaker US Dollar (USD), after repeatedly failing to establish itself above the $4,200 level. The precious metal remains confined to a relatively narrow trading range despite a combination of developments that would normally support higher prices.

Pound Sterling Price News and Forecast: GBP/USD consolidates the recovery below 1.3500

GBP/USD testing offers near 1.3500 as Brexit concerns intensify

GBP/USD

GBP/USD Weekly Forecast: UK growth and US inflation data leave no room to rest after the crash

Broker Reviews

Iran’s Araghchi says indirect negotiations with US are continuing through intermediary countries

RBA's Hauser: Inflation outlook appears worse than forecast, slightly above expectations

Japan’s inflation figures are next for a Yen stuck near 158.00

Gold declines below $4,150 as elevated oil prices reinforce prospects of further Fed tightening

BoJ expected to hike in December, not in October – Reuters poll

New Zealand Dollar has one CPI release left before the RBNZ

Editor's Picks

AUD/USD sits near monthly top, above 0.7000 as renewed USD buying caps gains

USD/JPY eyes 158.50 amid modest USD strength; remains confined in a familiar range

Gold struggles near weekly low, just above $4,100 amid USD uptick

Ethereum bounces off $2,400 for a sixth day despite ETF outflows

SpaceX's earnings don't matter. What they unlock does

The US Dollar fell. Gold didn't rally. That tells you everything

Best Brokers in 2026

GBP/USD testing offers near 1.3500 as Brexit concerns intensify

GBP/USD

GBP/USD Weekly Forecast: UK growth and US inflation data leave no room to rest after the crash

Legal Text

Editor's Picks

Best Brokers in 2026