GBPUSD Analysis

Markets loosely expect the BoE to end its rate-cutting cycle at around the 3.5% mark, 150bps lower than the current level. In the meantime, investors assessed the fiscal outlook brought by the UK’s new government, and how spending cuts and tax hikes signaled by the Labour Party in the upcoming year’s budget may impact growth concerns. 


STRATEGY - SELL ON RISE


TREND - 4HR - DOWNTREND


Support 1 - 1.3010

Support 2 -  1.2950


Resistance 1 - 1.3093

Resistance 2 - 1.3140

Recent News

AUDUSD making wedge

November 11, 2024

Market Insights

Gold on the Brink: Awaiting NFP for the...

March 07, 2025

Market Insights

Nasdaq/US 100 Analysis

October 11, 2024

Market Insights

Gold Prices Steady as Inflation Risks Lo...

March 13, 2025

Market Insights

DOW JONE ANALYSIS

November 13, 2024

Live Charts

Gold Retreats from Record Highs as Trade...

April 23, 2025

Market Insights

Maddy

Cross-Asset Analyst & Trainer

Varun Sharma

Senior Strategist

VJ Yadav

FX Strategist

Bot Window | Bot Window