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GBPUSD - U.S. Dollar Tests Resistance As Markets Await GDP and Payrolls, Analysis For EUR/USD, GBP/USD

29-04-2025 01:37

U.S. Dollar tests key resistance as traders await GDP and NFP reports. Outlook for EUR/USD, GBP/USD shifts cautiously.

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GBP/USD Forecast: Pound Sterling could face stiff resistance at 1.3480

On the upside, 1.3480 (mid-point of the ascending regression channel) aligns as the next key resistance level before 1.3500 (static level, round level) and 1.3570 (static level). Looking south, ...

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Bank Of America Forecast: Positive On Pound Sterling, Possible GBP/USD 10-year Highs In 2026

Bank of America (BoA) considers that the dollar will remain vulnerable while it remains constructive on the Pound outlook. In this context, it forecasts that GBP/USD will strengthen to 1.43 at the end ...

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Pound Sterling Price News and Forecast: GBP/USD weakens to around 1.3425

The GBP/USD pair attracts some sellers to near 1.3425 during the early Asian trading hours on Tuesday, pressured by a modest rebound of US Dollar (USD). Investors await a speech by Bank of England ...

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British Pound Forecast: GBP/USD on Cusp of Testing 2024 High

GBP/USD is on the cusp of testing the 2024 high (1.3434) as it breaks out of the range bound price action from the end of last week, and a move above 70 in the Relative Strength Index (RSI) is likely ...

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