📰 GBPUSD Dips to Lowest Since May 2025, Signaling Short-Term Bearish Pressure on British Pound
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Jul 16, 2025, 05:47 EDT
| 🔗 Source: Trading Economics
🧠 Summary
GBPUSD slipped to 1.34, its lowest level since May 2025, showing recent weakness with a 0.41% decline over four weeks despite a 2.82% rise over the past year.
💡 Why this signal?
- The revised labor data indicates a less severe downturn in UK employment, reducing immediate expectations for aggressive BoE rate cuts and supporting the pound.
- Despite positive UK fundamentals, the US dollar rallied after political uncertainty around Fed Chair Powell, weakening GBPUSD in the near term.
- This mixed environment suggests moderate bullishness for GBPUSD, but with caution due to external USD strength and geopolitical factors.
📈 GBPUSD Price Trend
⏱️ Impact Timing
as soon as the news is out
👥 Competitor Impact
No competitors impacted.
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