Pound Sterling Price News and Forecast: GBP/USD pullback aiming at 1.30 support and 144 MA

FXStreet Team FXStreet

GBP/USD outlook: Bears eye a failed breakout on the cable

The GBP/USD has been consolidating around the major resistance level at 1.31300 since the beginning of August, without being able to break out above it decidedly. In fact, there have been at least eight separate attempts of the price action at advancing above the resistance, all which came to no avail.

This protracted struggle of the British pound exemplifies diminishing bullish bias in the market and could be perceived as an early indication of a possible trend reversal. Read More...

GBP/USD pullback aiming at 1.30 support and 144 MA

The GBP/USD broke above the Wizz 9 level but is in retracement mode ever since. Will the Cable build a reversal? Or will the uptrend continue?

The GBP/USD is below the 21 ema. This indicates a short-term bearish outlook. But the long-term moving averages remain bullish. Also, price action remains well above those MAs. The long-term trend is therefore certainly bullish. But price could create a deeper pullback. The main target of the pullback is the 144 ema, which should act as a support zone for a bullish bounce. Read More...

GBP/USD Forecast: Bedeviled by Brexit and at risk of falling once the tide turns

GBP/USD has everything in its favor – except Brexit uncertainty. While the currency pair is rising amid dollar weakness, it is lagging behind peers such as the euro.

American and Chinese negotiations held a telephone call overnight and announced progress – with more to come. Contrary to the heightened rhetoric of recent weeks, when it comes to trade, the world's largest economies are aligned. Markets like that, pushing stocks higher and the safe-haven dollar lower. Read More...

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FXStreet Team

FXStreet

EUR/USD looks apathetic around 1.1770

EUR/USD comes under renewed pressure on Tuesday, deflating below the 1.1800 support and reversing two consecutive days of gains. The pair’s decline follows the persistent move higher in the US Dollar, as trade uncertainty dominates the sentiment ahead of President Trump’s SOTU speech.

GBP/USD regains 1.3500 and above

GBP/USD extends its advance for the third day in a row on Tuesday, this time retesting the area beyond the 1.3500 hurdle. Cable’s uptick comes despite decent gains in the Greenback and the dovish message from the BoE’s Bailey at the UK Parliament.

Gold appears offered around $5,150

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Ripple’s DeFi shift in focus: Navigating XRPL EVM sidechain growth, XRPFi migration and liquidity

Ripple (XRP) has continued to trade under pressure, extending its decline by approximately 63% from the record high of $3.66 in July. The remittance token is trading above support at $1.35, while its upside appears limited by key supply zones, starting with $1.40, at the time of writing on Tuesday.

The Citrini report: How a debatable AI narrative can shake Wall Street

That AI-related headline alone was enough to rattle investors.US stocks slid sharply on Monday after a widely circulated Citrini Research memo outlined a hypothetical “2028 Global Intelligence Crisis”, warning that rapid AI adoption could push US unemployment into double digits as early as by mid-2028.

XRP pressured by weak ETF flows and declining retail interest

Ripple (XRP) is edging lower, trading above its intraday low of $1.32 at the time of writing on Tuesday. The decline from its weekly opening of $1.39 reflects heightened volatility in the broader cryptocurrency market, accentuated by tariff-triggered uncertainty.