GBP/USD Braces for Breakout as Fed and UK CPI Draw Near

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Key Highlights GBP/USD attempted a fresh increase and tested the 1.3460 resistance. A key contracting triangle is forming with resistance at 1.3450 on the 4-hour chart. The UK Core CPI could increase 2.7% in May 2026 (YoY). The Fed might keep interest rates unchanged from 3.75%. GBP/USD Technical Analysis The British Pound found support near […]The post GBP/USD Braces for Breakout as Fed and UK CPI Draw Near appeared first on ActionForex.