Bearish
GBP/USD dips to 1.3205 amid bearish technical signals and Fed's hawkish stance.
GBP/USD declined to 1.3205, influenced by bearish technical indicators and the Federal Reserve's recent hawkish rate hike. The pair remains vulnerable to further downside, with potential support at 1.3140.
Key points
- GBP/USD falls to 1.3205, oversold conditions persist.
- UOB forecasts potential test of 1.3140 for GBP/USD.
- FXStreet reports GBP/USD finds relief as USD pauses, but inflation risks linger.
Sources
- British Pound: Risk of test of 1.3140 against US Dollar – UOBTMGM · September 25, 2026
- Pound Sterling Price News and Forecast: GBP/USD finds relief as USD pauses, but inflation risks lingerFXStreet · September 25, 2026
- Pound To Dollar Price Forecast: GBP Pressured After Hawkish Fed Rate HikeExchange Rates UK · September 17, 2026
- GBP/USD: Break of 50-day MA leaves Pound vulnerable – ScotiabankTMGM · February 20, 2026
AI-generated from public news sources. Not financial advice.
