GBPUSD Analysis for July 6, 2026
The Pound remains within an upward margin cycle. Should this momentum hold, the expected target zone on the spot market is 1.3443-1.3450.
A technical correction toward the 1/4 margin zone, specifically the 1.3299-1.3306 area, is plausible.
BOE's Mann prepared to hike rates if inflation expectations fail to improv
Bank of England policymaker Catherine Mann stated she is prepared to take proactive measures to raise the key interest rate if inflation expectations and other price growth indicators do not show improvement in the second half of the current year.[/HEADING]