The Pound Sterling (GBP) is under pressure against the US Dollar (USD), trading cautiously around 1.3360 during the European session on Friday. This level marks a four-week low, reflecting ongoing uncertainties in the market as traders evaluate economic indicators and geopolitical tensions affecting sentiment.
As the GBP/USD currency pair struggles, analysts are closely monitoring potential support levels and resistance points. A sustained decline could trigger further selling, while any rebound may face challenges due to the strength of the USD. Traders are advised to stay alert to upcoming economic data that could influence the exchange rate and impact overall trading strategies in this volatile environment.
About FX Killer Trader Incubation Program
Want to become a professional trader? FX Killer offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: FX Killer Analysis Team Updated: 2026-01-16 08:56
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.