GBP/USD Slides Toward Trendline Support Below 1.3600

May 12, 2026 - 17:00
GBP/USD Slides Toward Trendline Support Below 1.3600

GBPUSD weakens within consolidation. Loses ground on US-Iran tensions, UK political pressure, US data in focus. Momentum indicators point to a modestly fading positive bias. GBPUSD is losing ground below the 1.3600 handle, eyeing support at the medium‑term ascending trendline. The pound is under pressure against the dollar amid domestic political uncertainty, lingering Middle East […]

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