GBP/USD at three-month high: Outlook hinges on economic data
British Pound: Further gains face 1.3655 cap against US Dollar – UOB
GBP/USD Price Forecast: Strengthens above 1.3600 as bullish trend holds above 100-day SMA
Pound Sterling Price News and Forecast: GBP/USD jumps as Treasury buyback weakens the US Dollar
Pound Sterling Price News and Forecast: GBP/USD more upside expected above 1.3570
GBP/USD Price Forecast: More upside expected above 1.3570
Data from the Office for National Statistics showed that UK inflation accelerated in line with expectations last month. July CPI rose 0.3% month-on-month and 2.9% year-on-year, up from 0.1% and 2.6% respectively in June.
JPMorgan's GBP/USD exchange rate forecast falls to 1.28 by December 2026, putting Pound Sterling at the bottom of the latest consensus range. Foreign exchange analysts a JPMorgan expect the Pound to Dollar exchange rate to fall from 1.3541 to 1.28 by the end of 2026, a decline of roughly 5.5% if its forecast is realised.
Sterling is pressing to fresh multi-month highs after an outside-week reversal reignited the recovery from the July pullback. The advance has carried GBP/USD back toward a dense technical resistance zone where both price and momentum are approaching important inflection thresholds.
Pound Sterling Price News and Forecast: GBP/USD steadies as weak US data counters Iran risk
GBPUSD managed to retreat from the 1.3555 resistance as Intraday support remains at 1.3470. As long as the market holds above 1.3470, another advance toward 1.3655 is likely.
British Pound trades lower against US Dollar after soft UK employment data