The Coop Network USD Price & Performance (GMDPUSD)

The Bank of England's recent decision to keep rates steady at 4.5% has left GBP/USD trading below 1.30. Analysts note weakening bullish momentum amid overbought signals. Key support levels include 1.2860 and 1.2730, with potential downside risks if these break. Resistance remains at 1.3100.123

The S&P 500 has dropped 10% from its February peak, erasing $5 trillion in value. Trade tensions, including U.S. tariffs on European goods, are fueling fears of a broader economic slowdown. Lower-than-expected inflation briefly paused the selloff, but risks of a bear market are rising.456

The U.S. dollar remains volatile as economic data and geopolitical factors weigh on sentiment. While the Fed's dovish stance pressures the greenback, strong U.S. growth forecasts support its resilience. Analysts predict fluctuations for USD pairs, with GBP/USD expected to dip before recovering later in the year.78