
GBP/USD –24.08.2026
GBPUSD also shows the chance for a correction before rebounding. As we see from the chart, the market is facing resistance around 1.3675 which could give space for a trading zone toward 1.3560.
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GBPUSD also shows the chance for a correction before rebounding. As we see from the chart, the market is facing resistance around 1.3675 which could give space for a trading zone toward 1.3560.

The Yen gave back some of its recent advance that was triggered by US and Japanese intervention. USDJPY managed to print above the 158.05 resistance which indicates a wider range for rebound towards the 160.85 resistance.

Gold resumed the rally after the US Treasury announced last week of doubling the amount of purchasing long-term bonds. As we see over the Intraday chart, the market is facing several supports that can send the metal towards the 4775 level.

Gold: Debasement narrative lifts prices – TD Securities

TL;DR: Gold's Jackson Hole test on Friday isn't really about rate signals — it's about whether Fed Chair Kevin Warsh draws a clear line between monetary policy and Treasury's efforts to influence long-end bond markets, with only one of three likely outcomes genuinely threatening the rally.

Gold has been a major beneficiary of the latest dollar-debasement narrative, hitting fresh multi-month highs in Asian trade on Monday. But tentative signs the US dollar may be trying to bottom ahead of an expected fiscal update from Treasury Secretary Scott Bessent provide a warning for bullion bulls that near-term reversal risks may be growing.
![NZD/USD breaks above a 2 year descending trend line [Video]](https://static.pipvero.com/pipvero/uploads/2026-08/general-1-1787559212-3aa7ce290bd36449.webp)
NZD/USD breaks above a 2 year descending trend line [Video]

British Pound: Range-trade now, 1.3700 in sight against US Dollar – UOB

Gold and silver remain supported as Fed pause expectations rise and Iran tensions persist, with XAU/USD testing $4,661 resistance.

DXY remains pressured by U.S. fiscal concerns as EUR/USD and GBP/USD hold firm, although both pairs face major technical resistance.

Pound-Australian Dollar could remain under pressure if RBA minutes revive rate hike bets, while a quiet UK calendar leaves Sterling reliant on wider market trends. The Pound to Australian Dollar (GBP/AUD) exchange rate traded in a wide range last week amid uneven UK economic data and a shifting market mood.

Pound-Dollar could extend its six-month high if Jackson Hole fails to revive Fed tightening bets and US payroll revisions deepen labour market concerns. The Pound US Dollar (GBP/USD) exchange rate stormed higher last week as markets were spooked by US debt concerns.

Euro: Upside room toward 1.1800 against US Dollar – UOB

Gold eyes $4772.17 to $4968.06 as PCE inflation and Warsh's Jackson Hole speech decide whether the weak-dollar rally continues.

Gold: Upside risks building as fiscal worries grow – ING