GBP/USD opened the year on a positive note, showing slight gains during the Asian trading session on Friday, with the exchange rate hovering around 1.3470. However, technical analysis reveals a diminishing bullish sentiment as the currency pair remains just below the lower boundary of its ascending channel pattern, suggesting potential headwinds ahead.
As traders continue to assess market conditions, the GBP/USD's positioning above the nine-day EMA near 1.3450 may offer some support. Nonetheless, ongoing fluctuations in the USD, alongside broader economic indicators, could influence the pair's momentum in the near term. Investors will be closely watching for further developments that could impact the exchange rate and overall market sentiment.
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: 2026-01-02 06:32
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.