GBPUSD Technical & Fundamental Analysis: Sustaining a Four-Month High as Bull Momentum Grows
GBPUSD has experienced notable volatility over the past three trading days, maintaining levels around mid-1.36 with yesterday’s close at 1.36603. Strong UK retail sales data and a mild rebound in CPI have bolstered the pound, while a broadly weaker USD and geopolitical uncertainties have contributed to sustained strength. Recent market news highlights GBPUSD’s robust fundamental support as investors remain bullish ahead of the upcoming FOMC meeting. Traders should watch key technical patterns and resistance points to capture potential upside moves.


