GBP/USD
GBP/USD Price Forecast: Needs to stabilize above 1.3600 for fresh rally
GBP/USD Price Forecast: Needs to stabilize above 1.3600 for fresh rally
Chart Alert: GBP/USD Potential Bullish Reversal Above 20-Day Moving Average
After the sterling hit a 2-month high of 1.3658 on 1 May 2026 against the US dollar, the GBP/USD has traded sideways, and on Thursday, 7 May 2026, it declined by 0.2% to print an intraday low of 1.1723 on the backdrop of an uptick in US-Iran tension after both sides exchanged fire.
Pound Sterling Price News and Forecast: GBP/USD trades with mild gains near 1.3560
Pound Sterling Price News and Forecast: GBP/USD trades with mild gains near 1.3560
Chart alert: GBP/USD potential bullish reversal above 20-day moving average
GBP/USD is showing signs of a potential bullish reversal as sterling remains supported above key technical levels despite renewed US-Iran tensions. Traders are closely watching the US non-farm payrolls, unemployment rate, and Michigan consumer sentiment data for fresh directional cues.
GBP/USD slips as Iran hope fades and Dollar firms
GBP/USD slips as Iran hope fades and Dollar firms
Pound Sterling Price News and Forecast: GBP/USD climbs as US-Iran peace hopes weaken US Dollar
Pound Sterling Price News and Forecast: GBP/USD climbs as US-Iran peace hopes weaken US Dollar
GBP/USD –07.05.2026
GBPUSD managed to pass above the resistance of 1.3485 to meet the first target at 1.3580. As we see over the chart, the market is facing the first support zone at 1.3485, where if prices remain above it, more advance will be expected with resistances at 1.3580 and 1.3710-35.
US Dollar Price Forecast: DXY Grinds Lower on Ceasefire Calm – Are GBP/USD and EUR/USD Set to Push Higher?
With geopolitical risks fading, investors rotate out of the US Dollar into EUR and GBP. DXY slides along its descending trendline while EUR/USD shows resilience at $1.177 and GBP/USD rides higher inside its blue channel.
Intraday Analysis 07.05.2026
Intraday analysis covering GBPUSD, AUDUSD, and NAS 100 breaks Resistance, focusing on short-term price action, key support and resistance levels, and intraday market momentum across major instruments. GBPUSD hits double top Sterling fell lower as the dollar regained some momentum after the pair hit a firm double top.
Pound Sterling Price News and Forecast: GBP/USD may face initial resistance at the 11-week high
Pound Sterling Price News and Forecast: GBP/USD may face initial resistance at the 11-week high
GBP/USD Price Forecast: Holds gains near 1.3600 as bullish bias prevails
GBP/USD Price Forecast: Holds gains near 1.3600 as bullish bias prevails
GBP/USD hesitates with NFP and UK construction PMI in focus
GBP/USD hesitates with NFP and UK construction PMI in focus
