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

10 July 2026, 6:35 PM

Daily Summary: The week ends on a positive note. SK Hynix up 14% on Nasdaq. Energy down (10.07.2026)

10 July 2026, 5:03 PM

Fed presents its semi-annual report. Stocks are expensive but no bubble?

9 July 2026, 7:50 AM

Economic calendar: ECB minutes, US jobless claims and PepsiCo earnings in focus

8 July 2026, 7:25 PM

Daily Summary - Escalation in the Middle East. FOMC fears inflation

Forex

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