Core Viewpoint - The GBP/USD exchange rate has reached a near three-week high, driven by diverging monetary policy expectations between the UK and the US [1] Group 1: Economic Data - UK July employment data showed a smaller-than-expected decline, reinforcing the Bank of England's cautious stance on interest rate cuts [1] - US July inflation was below expectations, increasing market speculation for a Federal Reserve rate cut in September [1] Group 2: Market Expectations - Market forecasts indicate that the Federal Reserve is expected to cut rates by a total of 61 basis points by December, while the Bank of England is anticipated to cut rates by only 17 basis points [1] Group 3: Technical Analysis - The GBP/USD has broken through a short-term downtrend line and is holding above 1.3480, with MACD indicators showing increasing bullish momentum [1] - If the price effectively breaks the resistance level at 1.3580, it may rise further to 1.3620; conversely, a drop below 1.3450 could lead to a retest of the 1.3400 support level [1] - The short-term technical outlook is leaning towards a bullish trend, with upcoming data expected to be a key driver for price movements [1]
英美政策分化助推英镑 静待英GDP数据
Jin Tou Wang·2025-08-14 03:13