GBPUSD: Key Support Holds at 1.3450 Amid Bullish Technical Patterns and Positive Trading Outlook
Over the past three trading days, GBPUSD has shown resilience, closing yesterday at 1.34766 with a modest gain. Market sentiment has been influenced by stronger-than-expected US economic growth, causing fluctuations in the British Pound. Recent news highlights the pound’s rebound throughout 2025 followed by some uncertainty in 2026, as a firmer US dollar pressures the pair. However, GBPUSD remains above its 50-day moving average, maintaining a bullish technical stance. Traders should watch the critical support at 1.3450 and upcoming resistance near 1.3550. This comprehensive report combines fundamental developments and technical patterns, providing actionable insights into GBPUSD’s trading outlook, highlighting essential support and resistance levels for savvy investors and traders.


