GBP/USD Forecast

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TheSmartInvestor
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GBP/USD Forecast

Post by TheSmartInvestor »

📉 GBP/USD – Potential for Bullish Correction (September 23, 2025)

Current Price: 1.3516
Trend: Neutral to Bullish 🔹
Resistance Levels: 1.3565, 1.3600
Support Levels: 1.3450, 1.3400

Technical Overview:
GBP/USD has bounced off key technical levels, indicating a potential bullish correction in the near term.

Fundamental Drivers:
Markets are waiting for UK and US preliminary PMI data, which could affect the outlook for both currencies.

Trade Idea:
  • 🔹 Buy Entry: Near 1.3500
  • 🎯 Take Profit: 1.3565
  • 🛑 Stop Loss: Below 1.3450
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Re: GBP/USD Forecast

Post by Peaktrader »

Cable touched the 1.3500 area like the forecast said. I got in long but it was slow. It bounced a bit, not enough to hit 1.3565 yet. Still holding small. 🤞
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Re: GBP/USD Forecast

Post by Tunde »

I tried that GBP/USD long too. Entered around 1.3505 and banked some when it popped 20 pips. Didn’t wait for the full target though, market felt shaky.
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Re: GBP/USD Forecast

Post by TheSmartInvestor »

GBP/USD - September 24, 2025
Cable has support near 1.3480–1.3500 and resistance at 1.3580. A move above 1.3580 could target 1.3620.

Plan: Buy dips near 1.3500 or breakouts above 1.3580. Stops below 1.3450.
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Re: GBP/USD Forecast

Post by Stockfocus »

TheSmartInvestor wrote: Wed Sep 24, 2025 1:33 am GBP/USD - September 24, 2025
Cable has support near 1.3480–1.3500 and resistance at 1.3580. A move above 1.3580 could target 1.3620.

Plan: Buy dips near 1.3500 or breakouts above 1.3580. Stops below 1.3450.
Caught the breakout above 1.3580 late, closed around 1.3600. Pretty happy with that one, felt smoother than euro today.
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Re: GBP/USD Forecast

Post by Festus »

TheSmartInvestor wrote: Wed Sep 24, 2025 1:33 am GBP/USD - September 24, 2025
Cable has support near 1.3480–1.3500 and resistance at 1.3580. A move above 1.3580 could target 1.3620.

Plan: Buy dips near 1.3500 or breakouts above 1.3580. Stops below 1.3450.
Grabbed cable long near 1.3500 and held for a bit. Took half off before 1.3580. Wasn’t the cleanest trade but profit’s profit.
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Re: GBP/USD Forecast

Post by Peaktrader »

GBP/USD — October 3, 2025
Bias: Neutral to Slight Bullish ↑
Resistance: 1.3620 ↑, 1.3650 ↑
Support: 1.3500 ↓, 1.3450 ↓

Rationale:
- Pound may rise if USD weakness continues.
- Break above 1.3620 ↑ could extend gains.
- Key support sits around 1.3500 ↓.

Trade Plan:
  • Buy ↑ breakout above 1.3620 → target 1.3650
  • Buy ↑ dips near 1.3500 if confirmed → target 1.3580
  • Stop Loss: Long stop below 1.3450
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