TRENDING:

XAU/USD

EUR/USD

Pound Sterling Price News and Forecast: GBP/USD maintains its positive bias

FXStreet Team FXStreet

GBP/USD Price Analysis: Retreats towards 1.1450 inside weekly bearish channel

GBP/USD fades the month-start optimism as it slides to 1.1480 during Wednesday’s Asian session while staying inside a one-week-long descending trend channel. That said, the Cable pair’s latest losses also take clues from the bearish MACD signals and keep the sellers hopeful.

GBP/USD supported above 1.1450 after rejection at 1.1565

Sterling’s reversal from session highs at 1.1565 witnessed on Tuesday’s morning US session has found buyers at 1.1450, allowing the pair to return to levels near 1.1500. On the daily chart, the cable remains moderately bid, picking up after a 0.9% reversal on Monday.

GBP/USD

Overview
Today last price	1.1506
Today Daily Change	0.0022
Today Daily Change %	0.19
Today daily open	1.1484

Trends
Daily SMA20	1.1306
Daily SMA50	1.1368
Daily SMA100	1.1723
Daily SMA200	1.2346

Levels
Previous Daily High	1.1566
Previous Daily Low	1.1437
Previous Weekly High	1.1646
Previous Weekly Low	1.1258
Previous Monthly High	1.1646
Previous Monthly Low	1.0924
Daily Fibonacci 38.2%	1.1517
Daily Fibonacci 61.8%	1.1487
Daily Pivot Point S1	1.1425
Daily Pivot Point S2	1.1367
Daily Pivot Point S3	1.1296
Daily Pivot Point R1	1.1554
Daily Pivot Point R2	1.1625
Daily Pivot Point R3	1.1683

Author

FXStreet Team

FXStreet

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

GBP/USD bounces off lows, back above 1.3200

After bottoming out near 1.3160, GBP/USD manages to regain a bit of shine and reclaim the 1.3200 mark and beyond at the end of the week. Stronger-than-expected UK Retail Sales data seem to be helping the British Pound limit its losses, while the chaotic UK political environment keeps the bulls at bay for now.

EUR/USD looks consolidative around 1.1460

EUR/USD stages a modest rebound after slipping to a three-month low below 1.1420 at the end of the week. That said, the pair now looks to consolidate humble gains just above 1.1460 despite growing uncertainty surrounding the next round of US-Iran negotiations, which keeps the US Dollar’s downside contained.

Gold slips back to six-day lows, targets $4,100

Gold retreats for the third consecutive day on Friday, eroding gains seen in the first half of the week and approaching the key $4,100 mark per troy ounce. Indeed, the precious metal continues to face headwinds from the Fed's hawkish stance and renewed uncertainty surrounding the next round of US-Iran negotiations.

Solana extends correction despite ETF inflows, RWA adoption

Solana (SOL) price edges below $70 extending its losses for the fourth straight day this week. The institutional demand for Solana is building, with steady inflows so far this week and Morgan Stanley’s amended S-1 filing for a Solana-focused Exchange-Traded Fund.

The Iran war didn't break the US economy, but what happens next?

Nearly four months after the start of the Iran war, the US economy remains remarkably resilient. While the conflict initially triggered a severe disruption to global energy markets and a sharp rise in Oil prices, recent diplomatic progress between Washington and Tehran has eased concerns about a prolonged supply shock.

Regime change: Inside Kevin Warsh's first move to make the Fed unreadable on purpose

The rate did not move. That was the least interesting thing about Kevin Warsh's first meeting in charge of the Fed. The FOMC held its benchmark at 3.50%-3.75% for the fourth straight meeting, exactly as priced, and then the new chair used his first press conference to dismantle the machinery the market has leaned on for a decade.

Pound Sterling Price News and Forecast: GBP/USD maintains its positive bias

GBP/USD Price Analysis: Retreats towards 1.1450 inside weekly bearish channel

GBP/USD supported above 1.1450 after rejection at 1.1565

GBP/USD

Broker Reviews

Editor's Picks

GBP/USD bounces off lows, back above 1.3200

EUR/USD looks consolidative around 1.1460

Gold slips back to six-day lows, targets $4,100

Solana extends correction despite ETF inflows, RWA adoption

The Iran war didn't break the US economy, but what happens next?

Regime change: Inside Kevin Warsh's first move to make the Fed unreadable on purpose

Best Brokers in 2026

GBP/USD Price Analysis: Retreats towards 1.1450 inside weekly bearish channel

GBP/USD supported above 1.1450 after rejection at 1.1565

GBP/USD

Legal Text

Editor's Picks

Best Brokers in 2026