GBP/USD Price Forecast: Weakens below 1.3450 while technical uptrend stays intact
Source: EODHD - https://www.fxstreet.com/news/gbp-usd-price-forecast-weakens-below-13450-while-technical-uptrend-stays-intact-202607310552
Published: Jul 31, 2026 1:52 AM
The GBP/USD pair trades in negative territory around 1.3445 during the early European trading hours on Friday. Heightened Middle East tensions and rising global oil prices provide some support to a safe-haven currency such as the US Dollar (USD) against the British Pound (GBP).
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: Weakens below 1.3450 while technical uptrend stays intact
Published Jul 31, 2026 1:52 AM
Last refreshed Jul 31, 2026 3:00 AM
Source:
EODHD
Event Time: Jul 31, 2026 1:52 AM
News data attribution
This market news item includes source data powered by EODHD.