The GBP/USD currency pair has regained its footing, rising above the 1.3400 mark as the US Dollar's recent rally shows signs of fatigue. After dipping to approximately 1.3360 on Thursday, the Pound's recovery reflects a broader stabilization in the exchange rate as traders adjust their positions ahead of the US trading session.
Despite this uptick, the pair is poised to close the week virtually flat, following a decline of about 0.7% over the past two weeks. Market participants are closely monitoring upcoming economic indicators that could influence the exchange rate further, with sentiment remaining cautious as investors weigh the implications of ongoing economic developments.
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: 2026-01-16 12:43
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.