GBP/USD Breakout Into 1.35005 with Trend in Focus

Research preview

GBP/USD News And Catalyst Brief The news tape is giving a clearer macro cue around inflation and commodity demand. GBP/USD is not getting a clean directional push from the headlines; the bias is neutral-to-range until the next candle confirms acceptance above resistance or below support. The next test is whether candles and pivots accept that story or fade it after the first reaction. Fed's goolsbee: many inflation factors stemmed from tariffs and oil, initially expected as one-time jumps. Wall street traders drove stocks higher and bond yields fell as more evidence of moderating inflation reinforced bets the fed will refrain from raising rates next month, with back-to-back gains driving the...