GBPUSD highest since April 2018

GBPUSD has been continuing an upward momentum during today’s session. Taking a look at a weekly time-frame, one might notice that an upward move, which started several weeks ago, results from breaking above the resistance area at 1.3460. According to classical technical analysis, the path towards 1.4350 remains open. The sentiment might reverse if the currency pair returns below the mentioned 1.3460 hurdle.

The US dollar slumped today along with falling US yields. US 30-year yields have returned below 2.0% following yesterday’s spike.

GBPUSD, weekly time-frame. Source: xStation5

6 January 2026, 2:51 PM

BREAKING: EURUSD muted; US services growth cools in December as demand softens 📌

6 January 2026, 2:22 PM

Barkin and Miran remain on opposite sides of the Fed policy path🎙️

6 January 2026, 1:07 PM

BREAKING: German inflation comes in significantly below expectations, EURUSD slips 📉

6 January 2026, 9:35 AM

BREAKING: European PMIs slightly weaker than expected; Spain stands out positively 🔎

Forex

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GBPUSD highest since April 2018

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