The Pound/Dollar GBP/USD currency pair continues to move as part of a developing correction and the formation of a “Wedge” reversal pattern. At the time of publication of this forecast, the Pound/Dollar exchange rate on Forex is 1.3315. Moving averages indicate a short-term bearish trend. Prices have broken above the area between the signal lines, indicating upward pressure from buyers of the currency pair and potential continued growth. Currently, we expect an attempt to further strengthen the British Pound against the US Dollar exchange rate and test the resistance area near 1.3365. From there, we should expect another downward rebound and continued decline in the British Pound against the US Dollar currency pair. The target for the pair’s decline, according to the Forex forecast, is 1.3035.
GBP/USD Forecast and Analysis for December 9, 2025
An additional signal for a decline in the currency pair will be a test of the trend line on the relative strength indicator (RSI). A second signal for a decline will be a rebound from the upper boundary of the “Wedge” reversal pattern. A strong rally and a breakout of the resistance area, with the price consolidating above 1.3465, would cancel out the downward trend for the GBP/USD currency pair. This will indicate a breakout of the resistance level and continued growth of the GBP/USD pair toward 1.3655. Expect confirmation of the pair’s decline with a breakout of the support area and a price close below 1.3185, which would indicate a breakout of the lower boundary of the Wedge reversal pattern and the beginning of the pattern’s implementation with targets below.
GBP/USD Forecast and Analysis for December 9, 2025 suggests an attempt to develop a bullish correction and test the resistance area near 1.3365. Subsequently, a continuation of the decline in quotes with a target near 1.3035. An additional signal favoring a decline in the British Pound will be a test of the resistance line on the relative strength indicator (RSI). A strong rise in the British Pound against the US Dollar and a breakout of 1.3465 would cancel the downward trend. This will indicate a continued rise in the Forex pair with a potential target above the level of 1.3655.
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