GBP/USD Forecast

GBP/USD continues to stall near 1.32, with bearish momentum building as traders eye 1.30 and 1.2750 if downside pressure accelerates.

The British pound declined sharply on Friday, with 1.32 acting as resistance and bearish technical signals—including a potential death cross—reinforcing downside pressure.

The British Pound declined Wednesday as growing expectations of Bank of England rate cuts and persistent US dollar strength pressured GBP/USD toward key support at 1.30.

The British Pound rebounded toward 1.32 on Tuesday, but lingering resistance at the 200-day EMA suggests short-term rallies could face renewed selling pressure.

The British pound failed to break above 1.32 on Monday, reinforcing resistance and suggesting further downside toward 1.30 and possibly 1.2750 amid rate cut expectations.

The British pound rallied on Thursday after the Bank of England paused rate hikes, but the broader downtrend persists with key resistance at 1.32 and support at 1.30.

The British pound extended its decline below 1.31 on Tuesday, with bearish momentum pointing toward 1.2750 amid rising rate-cut expectations.

The British Pound opened weaker on Monday, trading below key EMAs as rising dollar strength and Bank of England uncertainty point toward further downside.

The British Pound dipped on Friday, showing mild recovery, but dollar strength and weak UK fundamentals suggest rallies may be short-lived.

The GBP/USD pair reversed sharply after failing to break above 1.32, with the US dollar gaining broad strength. With the pound breaking key technical levels, short-term rallies now look like selling opportunities.

GBP/USD reversed sharply on Tuesday, breaking below the 200-day EMA, with downside risks growing toward 1.32 and 1.3150 as Fed policy takes center stage.

The British pound remained under pressure against the US dollar on Monday, struggling near resistance at 1.34 as traders await the Fed’s rate decision.

The British pound fell sharply against the U.S. dollar on Thursday, testing key support near 1.32 amid persistent dollar strength and range-bound pressure.

The British Pound edged lower on Tuesday, struggling near the 1.34 level as resistance builds, with a break below 1.32 signaling broader USD strength.

GBP/USD trades quietly near the midpoint of its consolidation range, with traders watching for a breakout as questions remain about the dollar's next move.