The GBP/USD pair fell after recording tiny increases the previous day, and on Tuesday during Asian hours it was hovering around 1.3520. Technical analysis of the daily chart indicates a continued bullish bias as the pair moves within a rising channel formation.
GBP/USD is trading with a slightly bullish, short-term bias, holding above both the nine-period and 50-period exponential moving average (EMA). Short term EMA trading above longer term indicates constructive momentum.
The 14-day Relative Strength Index (RSI) at 59 remains positive, not yet signaling overbought conditions, suggesting room for further upside if the pair continues to be supported on the downside.
The initial barrier is at the two-month high of 1.3599, recorded on April 17, followed by the upper limit of the upward channel around 1.3750. A break above the channel would strengthen the bullish bias and support GBP/USD move closer to 1.3869, the highest level since September 2021 reached on January 27.
On the other hand, GBP/USD may find immediate support at the lower boundary of the ascending channel around 1.3500, followed by the nine-day EMA at 1.3493. Further declines below this confluence support zone would put downside pressure on the pair to test the 50-day EMA at 1.3423. A sustained break below the medium-term average would expose the near five-month low of 1.3159 recorded on March 31, followed by 1.3010, the lowest since April 2025, which was recorded in November 2025.
(The technical analysis for this story was written with the support of an AI tool.)
Today’s price of sterling
The table below shows the current percentage change of the British Pound (GBP) against the major listed currencies. The British pound was at its weakest against the New Zealand dollar.
| USD | EUR | GBP | JPY | BOOR | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.09% | 0.10% | 0.06% | 0.00% | 0.10% | -0.32% | 0.08% | |
| EUR | -0.09% | 0.02% | -0.02% | -0.09% | 0.04% | -0.41% | 0.00% | |
| GBP | -0.10% | -0.02% | -0.02% | -0.10% | 0.00% | -0.43% | -0.01% | |
| JPY | -0.06% | 0.02% | 0.02% | -0.05% | 0.02% | -0.43% | 0.00% | |
| BOOR | -0.00% | 0.09% | 0.10% | 0.05% | 0.08% | -0.36% | 0.07% | |
| AUD | -0.10% | -0.04% | -0.01% | -0.02% | -0.08% | -0.44% | -0.01% | |
| NZD | 0.32% | 0.41% | 0.43% | 0.43% | 0.36% | 0.44% | 0.43% | |
| CHF | -0.08% | -0.00% | 0.01% | -0.01% | -0.07% | 0.00% | -0.43% |
The heat map shows the percentage changes of the major currencies relative to each other. The base currency is selected from the left column and the quote currency from the top row. For example, if you select British Pound from the left column and move along the horizontal line to US Dollar, the percentage change displayed in the box will represent GBP (base)/USD (quote).
