US Greenback Forecast: ECB Awaits Lagarde’s Speech at BRICS Summit; Gold, GBP/USD and EUR/USD Outlook…

Gold (XAU/USD) stays bullish at $2,750.21, with assist at $2,738.16. Resistance is at $2,754.01, and the 50-day EMA of $2,719.07 strengthens the pattern. A break beneath assist may sign sharper declines.

Sterling Awaits Key BOE Speeches Amid IMF Conferences

Sterling (GBP) stays regular as merchants anticipate key speeches from MPC member Breeden and BOE Governor Bailey. Each talks are anticipated to supply insights into future financial coverage, so the pound could expertise heightened volatility.

These speeches, alongside ongoing IMF conferences, may present essential steerage for the pound’s short-term route.

Traders will probably be in search of any alerts on rate of interest changes or financial outlook, which may affect market sentiment and GBP motion.

GBP/USD Technical Evaluation

GBP/USD is buying and selling at $1.29688, down zero.11%, staying just under its pivot level of $1.29915. This stage is essential—if the pair breaks above it, we may see a stronger bullish bias, with rapid resistance at $1.30154 and additional ranges at $1.30531 and $1.30770.