GBP/USD Price Forecast: Bulls press toward 1.3600 as uptrend strengthens

Published Aug 17, 2026 8:29 AM Last refreshed Aug 17, 2026 9:00 AM Source: EODHD Event Time: Aug 17, 2026 8:29 AM

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GBP/USD Price Forecast: Bulls press toward 1.3600 as uptrend strengthens

Source: EODHD - https://www.fxstreet.com/news/gbp-usd-price-forecast-bulls-press-toward-13600-as-uptrend-strengthens-202608171229
Published: Aug 17, 2026 8:29 AM

GBP/USD edges higher on Monday as fading expectations of an imminent Federal Reserve (Fed) rate hike drag the US Dollar (USD) lower and lift the British Pound (GBP) to its highest level since May 12.

Market context: This update is relevant to GBP traders, with GBPUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.

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