GBPUSD

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GBPUSDBritish Pound / U.S. DollarFOREXCOM:GBPUSDShavyfxhubTECHNICAL INFORMATION. WEELY CLOSE OF EXCHANGE RATE =1.31508 GBPUSD, the structure is bearish on (daily ,4hr.3hr.2hr,1hr and 30min.the miracle of the week came on the weekly timeframe ,GBPUSD is bullish on weekly and on weekly TF , the daily candle for 31st of october 2025 was rejected on the demand floor . technically a broken supply roof become a demand floor today, On 4hr am seeing inverted head and shoulder a bullish price action and if the current descending trendline on the structure is broken, that could help establish a break of the neckline and a potential long position on GBPUSD. Another technical information is the weekly SMA50 pointing at our current support structure and daily rejection demand floor . DXY holding strong today after the break and retest of the supply roof ,am seeing a technical long on dollar up to 100$ FUNDAMENTALS. Bank of England (BoE) Governor: Andrew Bailey Current Bank Rate: 4.00% Federal Reserve (Fed) Chair: Jerome Powell Federal Funds Rate: 3.75% - 4.00% (after 25 basis point The Fed has signaled a cautious approach, ending quantitative tightening in December 2025. Bond Yields US 10-Year Treasury Yield: US10Y =4.018% weekly close UK 10-Year Gilt Yield: GB10Y = 4.404% weekly close The bond yield and interest rate differential are negligible giving a strong trading direction in both ways, on weekly i see GBPUSD LONG. #GBPUSD #DOLLAR #US10Y #GB10Y