GBP/USD Forecast

GBP/USD remains capped near 1.34 with a potential breakdown looming, as triple weekly shooting stars and oversold dollar conditions favor bearish continuation.

The British pound gave up early gains near the key 1.34 level, with technical resistance, US rate hikes, and repeated rejection patterns signaling potential downside.

The British pound rose sharply on Tuesday, but triple weekly shooting stars and resistance near 1.34 warn of a potential reversal unless a breakout above 1.35 confirms bullish continuation.

The British pound fell sharply after failing to break 1.33, with the strengthening US dollar and technical pressure pointing toward key support near 1.3090.

Despite broad USD strength, GBP/USD remains resilient near 1.3255, supported by UK–US trade deal optimism and risk-on sentiment ahead of key UK wage data.

The British Pound looks vulnerable after the Bank of England’s rate cut and US-UK trade deal, with GBP/USD facing strong resistance near 1.34 and support at 1.32.

The British pound remains stable near key resistance as traders await the Bank of England's rate decision, with a surprise 50 bps cut potentially triggering sharp volatility.

The British pound stalled near the 1.35 resistance on Monday, with upcoming FOMC and BoE decisions expected to drive volatility and determine breakout potential.

The British pound consolidates within a key range ahead of the US jobs report, with 1.32 and 1.3450 as critical levels likely to trigger the next big move.

For two consecutive trading sessions, the British pound has retreated from its recent highs against the US dollar, but this weakness is likely temporary.

The British pound is stalling at the 1.34 resistance level, with momentum hinting at a breakout but risk lingering for a drop toward 1.32 if sentiment fades.

The GBP/USD pair continues its bullish trend, supported by resilient UK economic data and US political uncertainty, with targets set toward the 1.39 resistance zone.

The GBP/USD pair remains rangebound between 1.32 and 1.34 as the market digests previous gains and awaits new catalysts to drive a breakout.

The British Pound continues to trade within a 1.32–1.34 consolidation zone as traders assess dollar stability and market sentiment.

The GBP/USD pair is undergoing a healthy pullback from recent highs, but key Fibonacci support levels and an intact bullish trend suggest a potential rebound.