GBP/USD continues to demonstrate stability, maintaining its position around an exchange rate of 1.3430 during the Asian session on Thursday. This marks the second consecutive session in which the currency pair has held steady. The momentum indicator, the 14-day Relative Strength Index (RSI), currently sits at 51, reflecting a neutral stance after a pullback from previous overbought levels.
Looking ahead, traders will be eyeing the nine-day EMA barrier near 1.3450 as a potential pivot point. This technical level may influence market sentiment and trading strategies in the coming sessions. With the RSI indicating balanced momentum, the outlook for GBP/USD remains cautiously optimistic, as fluctuations in the broader market could impact the exchange rate in either direction.
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Data Source: FX Killer Analysis Team Updated: 2026-01-15 03:40
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.