British Pound (GBP) Latest: GBP/USD Highest Since May 2018, Uptrend Intact
GBP price, news and analysis:
GBP/USD continues to storm ahead, reaching its highest level since 2018.
Moreover, its long-term trend higher remains in place, suggesting even more gains to come.
This is not just about “risk-on” sentiment in the markets generally; GBP is also strong independently against other currencies such as the Euro.
Advertisement
GBP/USD still trending higher
Further long-term gains in GBP/USD are looking increasingly likely after the pair hit its highest level since May 2018 and continues to climb within a well-defined channel on the weekly chart.