The British pound held steady near 1.3290 on Friday morning, maintaining levels seen in the previous session. The currency remained flat in recent days, supported by optimistic comments from Donald Trump and largely neutral PMI data. Upcoming economic releases and developments in the US-China trade dispute are expected to play a key role in shaping the pair’s direction next week.
If GBP/USD breaks above 1.3430, resistance levels are at 1.3500 and 1.3550. Support is at 1.3200, followed by 1.3050 and 1.2960.
If GBP/USD breaks above 1.3430, resistance levels are at 1.3500 and 1.3550. Support is at 1.3200, followed by 1.3050 and 1.2960.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.