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GBP/USD Forecast: Pound Strengthens Amid US Deficit Woes

by Forex Crunch
May 26, 2025
in Forex Analysis
Reading Time: 1 min read

The GBP/USD forecast turns positive, marking fresh 39-month top. The US dollar faces pressure due to mounting deficit concerns linked to Trump’s tax bill and coming up rate cuts. Technical outlook is bullish with the pair trading in ascending channel and nearing key resistance. The GBP/USD forecast turns strongly bullish after a corrective pullback. The…
The post GBP/USD Forecast: Pound Strengthens Amid US Deficit Woes appeared first on Forex Crunch.
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