GBPUSD: BUY 1.3450, SL 1.3375, TP 1.3550 | 28 August 2025

GBPUSD: Sterling is trading steady around 1.3450 against a restrained dollar: markets continue to price a higher probability of Fed policy easing after increased political pressure on the U.S. regulator. Lower short-term U.S. yields reduce the premium in favor of the USD, which supports GBP in the pair.

Exclusive for our readers — a 202% bonus on deposits from $202: mention promo code INDEX202 in support and trade with TRIPLED capital. See promo details via the link.

Domestic U.K. factors are neutral: the Bank of England remains data-dependent, but markets still assume the easing cycle in the U.K. will be more cautious than in the U.S. This expectations differential works in favor of the pound in the near term, unless distinctly dovish signals emerge from London.

Key risks for GBP bulls are unexpectedly hawkish BoE remarks or a strong block of U.S. data, both of which could hand back the initiative to the dollar. For now, the balance of fundamental drivers—from Fed expectations to risk sentiment—supports a scenario of moderate GBPUSD appreciation.

Trading recommendation: BUY 1.3450, SL 1.3375, TP 1.3550

Up to $20 for each lot in real money - get a guaranteed income by connecting Cashback promotion!