The Pound Dollar GBP/USD currency pair continues to move within the framework of growth development and the formation of the “Head and Shoulders” reversal pattern. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.3563. Moving averages indicate the presence of a short-term bearish trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers of the currency pair and potential continuation of the growth of the instrument. At the moment, we should expect an attempt to develop a bullish correction in the British Pound against the US Dollar exchange rate and a test of the resistance area near the level of 1.3615. From where we should again expect a rebound in the pair’s quotes downwards and a continuation of the fall of the British Pound against the US Dollar currency pair. The target for the pair’s decline, within the framework of the Forex forecast, is the area at the level of 1.3325.
GBP/USD Forecast and Analysis for August 14, 2025
An additional signal in favor of the fall of the currency pair will be a test of the trend line on the relative strength indicator (RSI). The second signal in favor of the fall will be a rebound from the upper border of the reversal pattern “Head and Shoulders”. The cancellation of the option with the fall of the Pound Dollar currency pair will be a strong growth and a breakout of the resistance area with the price fixing above the level of 1.3675. This will indicate a breakout of the resistance level and continued growth of the Pound Dollar pair to the area at the level of 1.3945. Confirmation of the fall of the pair should be expected with a breakout of the support area and closing of the price below the level of 1.3495.
GBP/USD Forecast and Analysis for August 14, 2025 suggests an attempt to develop growth and test the resistance area near the level of 1.3615. Then, a continuation of the fall in quotes with a target near the level of 1.3325. An additional signal in favor of the decline of the British Pound will be a test of the resistance line on the relative strength indicator (RSI). The cancellation of the fall option will be a strong growth of the British Pound against the US Dollar and a breakout of the 1.3675 area. This will indicate a continuation of the rise on the Forex pair with a potential target above the level of 1.3945.
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