Core Viewpoint - The GBP/USD is facing downward pressure, hovering around the 1.3470 area, amid a mild recovery in dollar buying interest, with the July PCE inflation data aligning with market expectations, opening the door for a potential Fed rate cut in September [1][5]. Technical Analysis - The Relative Strength Index (RSI) on the 4-hour chart is slightly below 50, indicating a weakening bullish momentum as GBP/USD falls below the 100-period Simple Moving Average (SMA), currently at 1.3490 [3]. - Key support levels are identified at 1.3460-1.3440 (50% Fibonacci retracement, 100-day and 200-day moving averages) and 1.3400-1.3390 (38.2% Fibonacci retracement) [3]. - Resistance levels are seen at 1.3490-1.3500 (100-day moving average, static level), 1.3540 (61.8% Fibonacci retracement), and 1.3600 (static level, round number) [3]. Economic Overview - The U.S. Bureau of Economic Analysis (BEA) revised the Q2 GDP annualized growth rate to 3.3%, lower than the initial estimate of 3% and market expectations of 3.1% [5]. - Initial jobless claims decreased from 234,000 to 229,000, slightly better than the market expectation of 230,000 [5]. - The upcoming PCE price index data for July is anticipated to show an overall annual inflation rate stabilizing at 2.6%, with core PCE expected to rise by 0.3% month-over-month [5].
STARTRADER星迈：英镑兑美元从两日低点反弹，焦点重回1.3500
Sou Hu Cai Jing·2025-09-01 10:38