GBP/USD Rallies While EUR/GBP Seeks Support
The GBP/USD currency pair showed resilience above 1.3400 on the hourly chart observed at FXOpen. The British Pound began a steady climb above 1.3475 against the US Dollar. As the market reacts to recent developments, traders are noting positive trends that could shape future forecasts. Simultaneously, EUR/GBP is attempting to secure support levels. The dynamic between these pairs is essential for Forex traders, especially in light of recent economic data releases from both the UK and Eurozone.