GBP/USD hovered near 1.2830 on Thursday morning, holding its upward momentum for a third straight session. The pair remained supported as market sentiment improved following Trump’s tariff pause. All eyes are now on today’s U.S. inflation data, which is expected to influence the next move.
If GBP/USD breaks above 1.2860, resistance levels are at 1.2900 and 1.2940. Support is at 1.2715, followed by 1.2650 and 1.2600.
If GBP/USD breaks above 1.2860, resistance levels are at 1.2900 and 1.2940. Support is at 1.2715, followed by 1.2650 and 1.2600.
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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.