Bitcoin 
Ethereum 
Tether 
BNB 
XRP 
USDC 
Solana 
JUSD 
TRON 
Lido Staked Ether 
The British Pound (GBP) trades sideways against the US Dollar (USD) on Friday during the North American session, after reaching a daily high of 1.3413, but solid US data released this week capped Sterling’s advance.
💡 DMK Insight
The GBP’s sideways action against the USD signals a tug-of-war between bullish sentiment and strong US economic data. After hitting a daily high of 1.3413, the Pound is struggling to maintain momentum, largely due to solid US data that has bolstered the Dollar’s position. Traders should note that this could lead to a consolidation phase for GBP/USD, especially if the pair fails to break above recent resistance levels. If the US continues to show robust economic indicators, we might see a stronger Dollar, putting pressure on the GBP. Watch for key support around 1.3300; a drop below this level could trigger further selling. On the flip side, if the GBP can regain traction and break above 1.3450, it could signal a potential bullish reversal. Keep an eye on upcoming economic releases from both the UK and the US, as they could provide the catalyst for a breakout in either direction.
📮 Takeaway
Monitor GBP/USD closely; a break below 1.3300 could lead to further declines, while a rise above 1.3450 may signal a bullish reversal.
