Open account

GBPUSD, Silver Price Outlook: Will the Pound Hold 1.33 Support and Silver 65?

The article is a technical outlook on GBPUSD and silver amid shifting geopolitical sentiment following a reported peace deal. It says both assets have rebounded from recent lows, but key resistance zones remain intact, keeping the broader tone cautious. GBPUSD is testing 1.3320 support and faces resistance near 1.3420–1.3500; a breakdown could open 1.3200, 1.3100 and lower. Silver is recovering from yearly lows near 61 but remains below 68–72 resistance, with 65.80 and 63.00 highlighted as near-term downside triggers. A decisive breakout above resistance would improve the bullish outlook for both markets, while failure to hold support would signal renewed downside risk.

Category

Silver

Sentiment

Mixed

Event

Technical analysis

Reading time

1 min