GBP/USD Market Analysis for July 7, 2026

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GBP/USD Market Analysis for July 7, 2026​


GBP/USD Market Analysis for July 7, 2026


The Pound showed strong momentum yesterday, increasing the probability of testing the margin zone of the current bullish cycle.

I expect the price to target the 1.3443-1.3451 area.

The Bank of England confirmed the departure of Chief Cashier Victoria Cleland and appointed Rhys Phillips as her successor, who will be responsible for the supply of banknotes in the UK.
 
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EN VI