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Key Highlights:
GBP/USD is up near 1.357, its highest level since February 2022
Technical setup shows an ascending triangle with resistance at 1.37
A breakout above 1.37 could target 1.435 and an open path toward pre-Brexit levels
The current UK-US trade deal adds short-term stability amid global tariff risks
BoE rate decision on Aug 7, 2025 may push GBP higher or reverse gains
GBP is seen as more resilient than EUR, due to tariff positioning
Trade the GBP with Bybit here.