Back To Top

April 28, 2025

GBP/USD Faces Pressure as Resistance at 1.3400 Looms

The GBP/USD pair finds itself steady around 1.3320 during Asian hours, following losses seen in prior sessions. Technical analysis reveals a looming resistance at the 1.3400 mark. Breaking below its ascending channel pattern hints at weakening bullish momentum. Traders evaluate their strategies as the market prepares for potential volatility in the coming sessions. Will GBP/USD manage to overcome the resistance or falter under pressure?

Prev Post

Strategy’s Bitcoin Holdings Reach 553,555 BTC After Latest Purchase

Next Post

MicroStrategy Doubles Down with Another Bitcoin Acquisition of 15,355 BTC

post-bars
Mail Icon

Newsletter

Get Every Weekly Update & Insights

[mc4wp_form id=]

Leave a Comment