Important events today:

08.10 18:00 UTC: USD – Release of the Federal Reserve meeting minutes.

The pound weakens against the dollar following the general strengthening of the U.S. currency amid a prolonged budget crisis in the United States and rising global economic uncertainty. Demand for the dollar as a liquid asset is increasing, pulling the pair lower despite the relative stability of certain UK indicators.

In the UK, sensitivity to inflation dynamics and consumer activity remains high: any signs of cooling demand reinforce expectations of a softer monetary policy trajectory, limiting the pound’s growth potential. Additionally, weakness in commodity currencies after an unexpected rate cut in New Zealand has increased “risk aversion,” indirectly supporting the dollar against most currencies, including the pound.

In the short term, the fundamental balance remains unfavorable for GBP: a strong dollar, cautious outlook for the British economy, and the lack of new positive drivers indicate an advantage for sellers.

Recommendations: SELL 1.3395, SL 1.3425, TP 1.3315.