British Pound Technical Outlook: GBP/USD Multi-Timeframe Analysis
British pound, GBP/USD and U.S. inflation are back in focus as Sterling struggles to extend its recovery. Michael Boutros, Senior Market Analyst at FOREX.com, examines the key technical levels that could determine the next move for GBP/USD, explains why resistance remains intact, and discusses how upcoming U.S. CPI, PPI and retail sales data could shape the outlook for the U.S. dollar and Sterling in the days ahead.
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Key US Economic Data Releases

Economic Calendar - latest economic developments and upcoming event risk.
Active Short-term Technical Charts
- Euro Short-term Outlook: EUR/USD Coils Above Critical Support- Decision Time
- Gold Price Short-term Outlook: XAU/USD Bulls Try to Carve Out a Low After 30% Drop
- Canadian Dollar Short-term Outlook: USD/CAD Coils Below Resistance—Breakout Looms
- Australian Dollar Outlook: AUD/USD Holds Major Support—Reversal Risk Builds
- Swiss Franc Short-term Outlook: USD/CHF Overbought Rally Tests Major Resistance
- Japanese Yen Short-term Outlook: USD/JPY Breakout Stalls at 2024 High as Intervention Risk Builds
- British Pound Short-term Outlook: GBP/USD Rebound Challenges Bear Trend
Written by Michael Boutros, Senior Technical Strategist
Follow Michael on X @MBForex