GBP/USD Weekly Forecast: Pound Sterling buyers finally back in action
The Pound Sterling (GBP) found fresh buyers once again near the 1.3250 area when compared with the US Dollar (USD), pushing GBP/USD higher toward the 1.3500 threshold.

The Pound Sterling (GBP) found fresh buyers once again near the 1.3250 area when compared with the US Dollar (USD), pushing GBP/USD higher toward the 1.3500 threshold.
The EUR/USD pair started the week on the wrong footing, as a dismal market mood benefited the US Dollar (USD). The pair, however, quickly changed course as turmoil came from the United States (US).
Gold’s (XAU/USD) parabolic rally showed no signs of slowing down and lifted the price to a new record-high above $4,370 on Friday before correcting lower.
United States (US) President Donald Trump told Fox Business Network on Friday that a 100% tariff would not be sustainable and added that they have to have a fair deal with China.
The NASDAQ 100 continues to face strong resistance at the 25,000 level, with market momentum hinging on the performance of the Magnificent 7 tech stocks.
The US dollar is finding support near the 0.80 level against the Swiss franc, with traders watching risk sentiment and interest rate differentials for the next move.