A Data Partner of:
Refinitiv
May 26 - 02:55 AM

GBP/USD - Fresh Trend High As The USD Wilts, Euro Climbs

By Andrew Spencer  —  May 25 - 11:52 PM

• +0.35% at the top of a 1.3510-1.3591 range with the USD -0.3%, EUR/GBP +0.1%

• Trump saying he will delay EU tariffs until July 9 saw the EUR/USD +0.45%

• USD saw broad weakness as the USD was sold amid U.S. policy uncertainty

• Spring Bank Holiday in the UK, Memorial Day in the U.S - illiquid

• Charts- 5, 10, & 21-day, week moving averages rise, momentum studies climb

• 21-day Bollinger bands expand - a positive setup at recent trend highs

• The next major resistance is the 1.3749 2022 high, then the 1.4250 2021 top

• Today's 1.3510 low then Friday's 1.3420 base are the first supports
Andy


(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

eFX Apex

FX Institutional-Grade Data Hub

  • 100 Active FX Orders
  • Receive up to 3,000 TDUX Coins per month
  • PlusHD: Discretionary trades
  • Edge: Sentiment trades
  • Alpha: Systematic trades
  • 100 LSEG machine-readable FX Insights per day
Join the APEX Waitlist
All Orders data are tokenized on-chain by Cuneus Data Lab Inc
TDUX Coin Liquidity is managed by L18C

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2025 eFXdata · All Rights Reserved
!