GBP/USD Tags Major Support, Upside Likely

GBP/USD Tags Major Support, Upside Likely

Published At: Aug 02, 2025 by Gareth Soloway
GBP/USD Tags Major Support, Upside Likely

The GBP/USD retraced to major support on Friday, August 1st. This signals upside is likely now in the GBP/USD. Following the Non Farm Payrolls Report, expectations are for multiple rate cuts before year end.

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