GBPUSD Surges to Multi-Year High of 1.35
The GBPUSD pair has risen to 1.35, marking its highest level since July 2026. This indicates a strong upward trend despite mixed performance over the longer term.
Market context
Follow the story. See which markets it affects. Explore the context.
The GBPUSD pair has risen to 1.35, marking its highest level since July 2026. This indicates a strong upward trend despite mixed performance over the longer term.
US retail sales and jobless claims data are key drivers for Fed rate expectations. DXY shows bearish technical signals below key EMAs, while GBP/USD extends bullish breakout above 1.3537, testing res…
GBPUSD surged past the 200-day moving average near 1.33194, signaling bullish momentum with buyers pushing towards the 100-day moving average at 1.33667 after a brief retreat.
EURUSD and GBPUSD strengthened following softer US PPI and retail sales data, pushing prices near key resistance levels. USD weakness favored higher euro and pound levels, while US stocks showed mixe…
Dollar weakness ahead of a likely dovish Fed lifts EUR/USD toward 1.1800 and GBP/USD to multi-week highs, with breakouts possible after the FOMC decision.
GBPUSD rose 0.26% to 1.36, its highest level since August 2025. It gained 0.61% over the past four weeks and 2.88% over the last 12 months.
GBPUSD reached 1.35558 then pulled back; 61.8% retracement at 1.35397 is the key short-term support. Holding it keeps bullish bias toward 1.3576–1.35918; a decisive break would shift focus to moving …