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    GBP Market Update

    15 Aug 2026 • 01:25 GMT

    GBP/USD 1.3535

    The British Pound has risen near 14-day highs against the US dollar, boosted by market perceptions of potential UK rate hikes amid economic and political uncertainties. However, with the US dollar gaining strength globally and risk sentiment uncertain, the GBP remains within a cautious range, and external factors could limit further advances.

    Forecast snapshot

    Quick GBP/USD forecast

    Near-term bias🔴 Mild downside
    Expected range1.3300 – 1.3540
    Dominant driver🌍 Global risk sentiment
    3-month trend🟢 Uptrend
     

     

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