GBP/USD Forecast. Dollar Is Losing Ground As Traders Wait For Tariff News

forex_news_gbp_7GBP/USD Attempts To Rebound

GBP/USD is trying to rebound after yesterday’s strong sell-off. RSI is in the moderate territory, and there is plenty of room to gain momentum in the near term.

In case GBP/USD manages to settle above the resistance level at 1.2780 – 1.2800, it will head towards the next resistance at 1.2850 – 1.2870.

GBP/USD 090425 4h Chart

GBP/USD

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