Pound Sterling Price News and Forecast: GBP/USD could rebound toward the highest since September 2021

FXStreet Team FXStreet

GBP/USD Price Forecast: Trades below 1.3800 after pulling back from four-year highs

GBP/USD depreciates after four days of gains, trading around 1.3800 during the Asian hours on Friday. The technical analysis of the daily chart suggests a potential bearish reversal amid a narrowing range, suggesting buyers are losing strength within the rising wedge pattern.

The GBP/USD pair holds above the nine-day Exponential Moving Average (EMA) and the 50-day EMA, reinforcing a bullish bias. The short-term average rises and widens its gap over the medium-term slope, pointing to firm trend strength. Dips could remain contained while price respects the rising short-term average, with the broader trend supported by the medium-term EMA. Read more...

GBP/USD soars amid Greenback collapse, breaches four-year highs

GBP/USD is well on its way to a second straight week of strong gains as the US Dollar (USD) gives up the ghost on the back of ongoing trade war rhetoric undercutting the Greenback’s strength. The Pound Sterling is on pace to close in the green for a third straight month against the US Dollar, as the pace of Cable gains continues to pick up the pace and hit multi-year highs.

The Federal Reserve (Fed) is set to announce its first rate decision of the year on Wednesday, with no change expected. Investor focus will be on forward guidance, particularly signals around the timing of potential rate cuts. Futures markets currently price in two quarter-point cuts by the end of 2026. Read more...

GBP/USD hits four-year high as tariff escalation crushes US Dollar

The Pound Sterling (GBP) soars during Tuesday’s North American session as the US Dollar (USD) continues to weaken due to trade tariff escalation ahead of the first Federal Reserve (Fed) monetary policy meeting of 2026. At the time of writing, GBP/USD trades at 1.3776, up 0.76%, after hitting a four-year high of 1.3791.

Sentiment remains upbeat, making the US Dollar less appealing as the 'Sell America' trade reignites once again. US President Donald Trump announced threatened to increase tariffs to South Korea from 15% to 25% due to South Korea’s taking longer than expected to approve the trade deal. Read more...

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FXStreet Team

FXStreet

EUR/USD weakens below 1.2000 amid rebound in US Dollar, all eyes on Fed rate decision

The EUR/USD pair attracts some sellers to near 1.1990, snapping the four-day winning streak during the early European session on Wednesday. The major pair retraces from a five-year high amid renewed US Dollar demand. All eyes will be on the US Federal Reserve interest rate decision on Wednesday.

GBP/USD trades below 1.3800 after pulling back from four-year highs

Gold record-setting rally extends ahead of Fed decision

Gold is continuing its record-printing spree early Wednesday, testing offers above the $5,200 level for the first time. Buyers refuse to pause heading into the US Federal Reserve policy announcements, due later in the day.

Avalanche holds near $12 as spot ETF debuts on Nasdaq lifts bullish sentiment

Avalanche price holds above $12 at the time of writing on Wednesday, after rebounding from the lower boundary of its horizontal parallel channel, signaling early signs of stabilization. The launch of Avalanche spot Exchange Traded Funds by VanEck this week on Nasdaq signals improving market sentiment. In addition, supportive on-chain and derivatives data for AVAX suggest a potential recovery if bullish momentum builds.

Four problems of the US Dollar

The US Dollar Index returned to last year's lower bound, which we had not seen since 2022. The drivers are investment portfolio diversification, concerns about the US economic growth slowdown, rumours of FX interventions and active selling by carry-traders.

Bitcoin Cash Price Forecast: Retail interest sparks in BCH amid reversal chances

Bitcoin Cash (BCH) is trading around $600 at press time on Wednesday, framing a potential double bottom reversal on the daily chart. The BCH token is witnessing renewed capital inflows into its futures contracts amid a positive funding rate cycle, signaling renewed investor interest.