GBP/USD Price Forecast: Downward-sloping trendline near 1.3470 remains key barrier
Source: EODHD - https://www.fxstreet.com/news/gbp-usd-price-forecast-downward-sloping-trendline-near-13470-remains-key-barrier-202608040612
Published: Aug 04, 2026 2:12 AM
The British pound (GBP) faces selling pressure against its major currency peers, trading 0.1% lower at around 1.3420 against the US Dollar (USD) during the European trading session on Tuesday.
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.
Medium Impact
GBPUSD
GBP
UK
GBP/USD Price Forecast: Downward-sloping trendline near 1.3470 remains key barrier
Published Aug 04, 2026 2:12 AM
Last refreshed Aug 04, 2026 3:00 AM
Source:
EODHD
Event Time: Aug 04, 2026 2:12 AM
News data attribution
This market news item includes source data powered by EODHD.