GBP/USD - Overview as of 26.11.2024

Financial and commodity markets analytics


Amid the general strengthening of the US currency after Donald Trump's comments on tariff policy, the GBP/USD pair came under pressure. So far, support has been found in the zone of the previously described 1.2500 mark. At the moment, the range of 1.2450-1.2550 may act as a potential support. However, in case of continuation of the US dollar purchases, the pair may decline, and in such a development of events it is worth watching for a test of the price minimum near 1.2300, reached in April this year.