GBPUSD Forecast for July 30, 2026
The pound is effectively playing out the bounce scenario from the bearish cycle margin zone, and the pair is currently testing the 1/2 level.
It needs to clear the 1.3450 strike. Overall, a close above the 1/2 level at clearing, or an immediate breakout of the strike level, will set the 1.3550 area as the target going forward.