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2025-09-16 11:51:41
[GBP/USD consolidates after breaking through key technical levels, with attention paid to UK and US interest rate decisions] 1. GBP/USD rose 0.2% on Tuesday and broke through the key resistance level of 1.3594 on Monday. Traders' focus shifted to the Federal Reserve and Bank of England's decisions later this week. The market expects the Federal Reserve to cut interest rates by 25 basis points and the Bank of England to keep interest rates unchanged at 4.00%; 2. The UK will release July employment data on Tuesday. The survey shows that the unemployment rate is expected to be 4.7%. Trump will sign a UK-US trade agreement during his state visit to the UK this week; 3. The Asian session range is between 1.3599-1.36155, with support at 1.31425 and resistance at 1.3787-1.4250
