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

2 November 2026, 6:57 PM

Daily Summary: A Rollercoaster Ride in the Commodities Market🚨Oil Drops 7%; Gold Rallies Over 2%💥

2 November 2026, 6:21 AM

📊Morning Wrap: Oil falls after Qatar talks. China injects liquidity, while the US prepares for elections.

30 October 2026, 4:05 PM

🔴Three Markets to Watch Next Week: US500, BITCOIN, EURUSD (30.10.2026)

30 October 2026, 9:55 AM

Chart of the Day: USDJPY After Fed and BoJ decisions. Is Japan getting closer to another rate Hhike?

Forex

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