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fxAug 7, 2026, 6:33 PM

GBP/USD bulls must clear 1.3560 to target 1.3600

The pound edged higher but stalled near 1.3500, with bulls needing a push past 1.3560 to target the 1.3600 level.

GBPUSD

The British pound advanced 0.29% but remained confined to a sideways pattern, struggling to establish a foothold above the 1.3500 barrier. After touching a weekly peak of 1.3506, the pair retreated to the 1.3490 area.

Market watchers note that a sustained break above 1.3560 is required for buyers to target the 1.3600 level. Without that catalyst, the current consolidation is likely to continue.

Source: FXStreet Forex News