GBP/USD Is Moving Higher As Traders Prepare For Trump Tariffs

GBP/USD is trying to settle above the resistance level at 1.2935 – 1.2950 as traders focus on general weakness of the American currency.

RSI remains in the moderate territory, so there is plenty of room to gain additional upside momentum in the near term. In case GBP/USD stays above the 1.2950 level, it will head towards the next resistance, which is located in the 1.3050 – 1.3070 range.

GBP/USD 030425 4h Chart