GBP/USD held around 1.3660 during Friday’s Asian session, marking a second day of consolidation as the dollar weakened on caution over Trump’s planned tariffs. Trump said he would start sending tariff letters Friday, targeting ten countries with rates of 20–30%. The pound was supported after PM Starmer backed Chancellor Reeves, easing market concerns over a possible replacement with looser fiscal policies.
The BoE is expected to cut rates in August, likely to 4%, following dovish signals from officials, including Governor Bailey, who said rates should gradually decline as inflation eases.
Resistance is at 1.3700, while support holds at 1.3600.
The BoE is expected to cut rates in August, likely to 4%, following dovish signals from officials, including Governor Bailey, who said rates should gradually decline as inflation eases.
Resistance is at 1.3700, while support holds at 1.3600.
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.