GBP/USD Forecast: Pound Sterling bulls hesitate ahead of US PMI data
After losing about 0.3% and snapping a four-day winning streak on Thursday, GBP/USD holds steady at around 1.3450 in the European session on Friday.

After losing about 0.3% and snapping a four-day winning streak on Thursday, GBP/USD holds steady at around 1.3450 in the European session on Friday.
USD/JPY bounces from 146 support, with resistance at the 50-day EMA and 149. Bulls eye 151 if broken, while sub-145.50 would signal downside risk.
Silver failed to clear $48 resistance, with $46 support in focus. Bulls eye $45 for value buying, while a breakout could test the historic $50 ceiling.
Euro remains volatile, capped by 1.18 resistance. Support lies at the 50-day EMA and trendline; breaks lower could expose 1.16–1.14, while bulls eye 1.19–1.20.
Gold struggles near $3,900 but pullbacks toward $3,800 are seen as buying chances. Momentum targets $4,000 as rate cuts and global risks boost safe-haven demand.
USD/MXN tests 18.50 resistance with 50-day EMA and trendline overhead. Failure favors downside toward 18.20, but risk-off flows could spark upside.