British Pound Surges Past Key Resistance as Moody’s Cuts U.S. Outlook—UK and U.S. Economic Outlooks in Spotlight
Boosted by strong UK economic data and a weakening U.S. dollar, the British pound has recently climbed sharply against the greenback, breaking through several key technical resistance levels and attracting renewed market attention. Moody’s downgrade of the U.S. credit outlook has added to investor concerns over America’s fiscal stability, further weighing on the dollar’s performance. Looking ahead, interest rate decisions and upcoming economic data from both the Bank of England and the Federal Reserve will play a critical role in shaping future currency movements. Explore the key drivers behind the pound’s rally and what it could mean for the forex market moving forward.


