GBP/USD Forecast. U.S. Dollar Rallies On Tariff Threats

gbp_usd_news_1GBP/USD Is Under Pressure

GBP/USD pulled back as traders focused on general strength of the U.S. dollar. Trump’s tariff policy may provide significant support to the American currency in the upcoming trading sessions.

A move below the support level at 1.2600 – 1.2615 will open the way to the test of the next support at 1.2485 – 1.2500.

GBP/USD 4h Chart

GBP/USD

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