GBPUSD: Key Trendline Break Signals Potential 470-Pip Decline – Technical & Fundamental Trading Outlook
Over the past three trading days, GBPUSD has sharply retreated from its yearly high of 1.3866, currently hovering near 1.33625 with notable volatility. The US dollar has been supported by safe-haven flows amid escalating Middle East tensions and robust US employment data, placing downward pressure on the pound. Recent market news highlights the US Dollar Index (DXY) surging to 99.20, reinforcing dollar strength and weighing on GBPUSD. Meanwhile, the Bank of England’s diminished rate cut ex

















