GBP/USD is trading around 1.35600–1.35800 and looks more resilient than the previous scenario suggested. The pound is supported by weaker demand for the US dollar amid hopes of reduced tensions between the United States and Iran. If risks to shipping through the Strait of Hormuz ease, pressure on the dollar may increase, while the British currency could continue its recovery.
The domestic background in the United Kingdom remains mixed: investors are watching local election results and possible pressure on the government. However, the currency market is not yet pricing in sharp moves in the pound due to political factors. Today, the more important driver remains the US employment report, which may influence expectations for the Fed’s rate policy and, as a result, demand for the US dollar.
The Bank of England’s position also does not look clearly negative for the pound. The regulator maintains a cautious approach, while risks of higher energy prices limit the room for rapid rate cuts. This supports GBP/USD near current levels. Given the updated data and the pound’s stronger performance, buying from current levels is preferred.
Trading recommendation: BUY 1.35750, SL 1.35450, TP 1.36700
The domestic background in the United Kingdom remains mixed: investors are watching local election results and possible pressure on the government. However, the currency market is not yet pricing in sharp moves in the pound due to political factors. Today, the more important driver remains the US employment report, which may influence expectations for the Fed’s rate policy and, as a result, demand for the US dollar.
The Bank of England’s position also does not look clearly negative for the pound. The regulator maintains a cautious approach, while risks of higher energy prices limit the room for rapid rate cuts. This supports GBP/USD near current levels. Given the updated data and the pound’s stronger performance, buying from current levels is preferred.
Trading recommendation: BUY 1.35750, SL 1.35450, TP 1.36700
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More analytical information and promotions on FreshForex website cutt.ly/LrP6j9qD
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。