🇬🇧💵 GBPUSD: What’s Driving This Week’s Move – DXY, BOE, or Macro?

Let’s keep it real — I’m in a buy, and I still like the setup.

Yes, price action has been a little slow, but it’s holding strong where it matters. Here’s what I think is really behind this week’s movement:

✅ The DXY is strong – but not unstoppable.

The dollar flexed a bit early in the week, but that push is starting to lose steam. We’ve seen this before — it grabs attention and then fades. GBP is holding its ground, and that’s a clue.

✅ BOE’s not as soft as people think.

Everyone’s calling them dovish, but the BOE still has a reason to stay tight. Inflation isn’t done yet in the UK, and rate cuts aren’t a lock. The market’s misreading the tone, and that gives GBP upside potential.

✅ Big picture? GBP is undervalued.

This isn’t just about today’s candle — it’s about the bigger move. Price is sitting in a key zone, and as long as it holds, I’m confident in the slow grind up. Momentum is building.

📢 Bottom line:

I’m riding this buy, and I still see it playing out. The market might be taking its time — but the move is cooking. Don’t sleep on it.

💬 What’s your take — are you seeing the same buildup, or still waiting for a sign? Let’s talk