Weekly Analysis List
GBP/USD Weekly Analysis
5/12/25
Market Overview
💷 GBP/USD Weekly Analysis (May 12–16, 2025)
📈 Current Market Snapshot
• Trend: Bearish
• Current Price: ~1.3190
• Support Levels: 1.3200, 1.3070, 1.2732
• Resistance Levels: 1.3260, 1.3349, 1.3430
🔍 Technical Overview
GBP/USD has broken below the range of 1.3260 to 1.3349, confirming bearish pressure. Trading below the 50-day SMA suggests a decline towards 1.3070. Bullish pennant and cup-and-handle patterns hint at a potential rebound if resistance is breached.
📰 Fundamental Highlights
The US dollar strengthens amid US-China trade war progress, while the British pound shows resilience due to optimism over UK-US and UK-India trade deals. Upcoming US inflation data could influence Federal Reserve policies.
🔮 Weekly Outlook & Strategy
• Bearish Scenario: Sustained trading below 1.3200 may lead to a decline toward 1.3070 and potentially 1.2732.
• Bullish Scenario: A rebound above 1.3260 could retest 1.3349, with potential to reach 1.3430.
• Neutral Scenario: Consolidation between 1.3200 and 1.3260 may indicate indecision.
📌 Bias: Bearish, unless it holds above 1.3260.
📆 Key Events to Watch
• May 14: U.S. CPI data release.
• May 15: UK GDP figures.
• May 16: U.S. Retail Sales and Manufacturing Production data.
Conclusion
✅ Trader Tip
Watch the 1.3200 support level; a break below could signal further downside, while a move above 1.3260 may indicate a reversal. Stay updated on economic data releases as they can impact market sentiment.