GBP/USD
1.3324
+0.07% (+0.0010)
Updated 03:55 AM
Why it is moving
The dollar has extended gains from last week's PPI release, with technical consolidation patterns forming ahead of the Federal Reserve's policy announcement. The 101.80 level represents identified resistance in the dollar index.
Updated 03:55 AM
Medium confidenceDriver data is partial
Some drivers have no confirmed source evidence yet, read those as context, not confirmation.
Main drivers
USD strength persistence following US inflation data
No confirmed source evidence yet.
Bull flag technical formation in the dollar index ahead of FOMC
No confirmed source evidence yet.
Levels to watch
Support
1.3191
Resistance
1.3479
Recent range: 1.3191–1.3479.
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