The GBP/USD currency pair is maintaining a steady position above the mid-1.3300s during the Asian session on Monday. Currently trading around the 1.3360 mark, the exchange rate shows resilience, supported by the 200-day Simple Moving Average (SMA). Despite a defensive stance, the pair lacks bearish momentum, indicating a wait-and-see approach among traders.
Market participants are keenly anticipating critical economic data and the Bank of England's decisions later this week, which could significantly impact the exchange rate. As traders navigate through this period of uncertainty, the GBP/USD remains poised for movement, reflecting the broader dynamics in the forex market as currencies react to economic indicators and central bank policies.
About FX Killer Trader Incubation Program
Want to become a professional trader? FX Killer offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: FX Killer Analysis Team Updated: 2025-12-15 04:40
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.