Forex
GBP/USD Holds Near 1.3500 Ahead of Key Economic Data Releases
The British pound is holding steady around 1.3500 against the US dollar as markets await key economic data releases from both the UK and the US.
The upcoming US Consumer Price Index (CPI) report and UK Gross Domestic Product (GDP) figures are expected to provide fresh direction for the currency pair.
The 1.3500 level has emerged as a critical pivot point, aligning with the 50-day moving average and serving as a support/resistance zone for technical traders.