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GBP/USD maintains a bullish bias, though a correction risk exists The GBP/USD major currency pair has exhibited a mild bullish bias over the past two days. Prices formed bullish candles on two consecutive days, reaching a high of 1.36594—the highest level since May 2016. Currently, the price hovers around 1.36241 on the FXOpen chart, trading near the rising upper band. While GBP/USD generally maintains a bullish bias, the price level is quite high, increasing the risk of an intraday correction. Consequently, some traders are opting for a "buy-the-dip" strategy to mitigate risk. Fundamental factors influencing the GBP include UK inflation, which remained elevated in July; it rose to 2.9% year-on-year—up from 2.6%—aligning with forecasts but exceeding the Bank of England's (BoE) 2.8% projection. This sustains expectations that the BoE could still raise interest rates. The UK economy remains robust; June GDP grew by 0.3%—surpassing forecasts—and reinforced the perception of economic resilience. However, the labor market is beginning to cool, suggesting the BoE is unlikely to rush into raising interest rates. Fundamental factors affecting the USD are also crucial for GBP/USD right now. The Federal Reserve continues to grapple with high inflation, yet data on employment and economic activity are showing signs of weakness. Recent FOMC minutes indicate that some officials still favor rate hikes, though the market remains unconvinced that a September increase will occur. A key driver is the US Treasury's policy of repurchasing long-term bonds. This policy exerts downward pressure on long-term bond yields and, by extension, the USD. This has been a primary catalyst for the GBP/USD surge to 1.36594. Traders will next focus on comments from Fed officials at the Jackson Hole symposium, as any shifts in stance could alter US interest rate expectations. Movements in US Treasury yields are also critical, as rising yields tend to strengthen the USD. Expectations regarding BoE rate hikes could further drive GBP volatility. Additionally, oil prices and Middle East tensions remain factors to watch, as rising energy costs could keep inflation elevated in both the UK and the US. The projected range for GBP/USD today is 1.35800–1.37100. Immediate support is around 1.36300, with the next target in the 1.36000 range. Immediate resistance is around 1.36700, with the next target in the 1.37350 range. This forecast could be wrong.

Thanks for a bonus! 0xe1cb8778C6000******************* 0.2 USDT - Aug-20-2026 05:35:03 PM 0x73332d4c9370939370a167b762f85b99ee2fb0f0c59c2e4be5fa6cbc5e697ed9 Comment: Викторина в чате Profit-Hunters BIZ.

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Спасибо за бонус. 0.1 USDT Aug-20-2026 20:35 0x8D1565265BD41926d6A9B1... 0x73332d4c9370939370a167b762f85b99ee2fb0f0c59c2e4be5fa6cbc5e697ed9

WINVEST PAID! Payment Received via Bitcoin Withdrawal Amount: $15 USD Date: 20 Aug 2026 02:59:07 Transaction ID: fd56523fba2fa04046ed2ee27042f0610972ad9a942c86ae7e87ec7d1409d2d6 Transaction Link: https://www.blockchain.com/explorer/transactions/btc/fd56523fba2fa04046ed2ee27042f0610972ad9a942c86ae7e87ec7d1409d2d6

Спасибо за бонус 0xf33ce1e85c262a2c8be + 0.4 USDT - Aug-20-2026 20:35 0x1e95ceb5f7f8ffdd4f6c494c52f399f60cb249b33eb24e0c7b5517ed4bb43a60 Бонус за активность

Спасибо за бонус 0xf33ce1e85c262a2c8be + 0.2 USDT - Aug-20-2026 20:35 0x73332d4c9370939370a167b762f85b99ee2fb0f0c59c2e4be5fa6cbc5e697ed9 Викторина

Спасибо за викторину! *****0551692b8F4e925C6fF 0.3 USDT Bep-20 0x73332d4c9370939370a167b762f85b99ee2fb0f0c59c2e4be5fa6cbc5e697ed9 2026-08-20 17:35:03.

Викторина от Profit-Hunters 0.1 USDT 0x73332d4c9370939370a167b762f85b99ee2fb0f0c59c2e4be5fa6cbc5e697ed9 Aug-20-2026 08:35:03 PM UTC+03

Спасибо за полезную викторину! 0x4C0ec75B56e1974************************* 0.3 USDT - Aug-20-2026 05:35:03 PM +UTC 0x73332d4c9370939370a167b762f85b99ee2fb0f0c59c2e4be5fa6cbc5e697ed9

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Спасибо! *880e3 - *8eE8a $0.3 USDT Bep-20 20.08.2026 22:35:03 0x73332d4c9370939370a167b762f85b99ee2fb0f0c59c2e4be5fa6cbc5e697ed9 Викторина в чате Profit-Hunters BIZ

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Winvest Paid: 0.00072129 BTC Withdrawal Amount: $51.80 Payment Received via Bitcoin 20 Aug 2026 01:05:21 GMT+8 Transaction ID: [7770d83e8574bba32e603a5e622ccdf5f10faf017b565cfd9969e03775c1d5f8] Transaction Link: https://www.blockchain.com/explorer/transactions/btc/7770d83e8574bba32e603a5e622ccdf5f10faf017b565cfd9969e03775c1d5f8

Good tips overall. Starting early, practicing regularly, and reviewing mistakes can make exam preparation much easier css mcqs also cover areas like General Knowledge, Everyday Science, and Current Affairs, so consistent practice across subjects is helpful.

Paid us 18.75 USDT : Aug-20-2026 01:23:59 AM +UTC https://bscscan.com/tx/0xbd2c4b03cef09cb41b1137b29a19ceb1b53df77901bbb2ef23e2393bd464de1b

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