The GBP/USD Pound Dollar currency pair continues to move within a developing bullish correction and a descending channel. At the time of publication of this forecast, the British Pound to US Dollar exchange rate on Forex is 1.3174. Moving averages indicate a short-term bearish trend. Prices are again testing the area between the signal lines, indicating selling pressure on the currency pair and potential continued decline. Currently, we expect an attempt to further strengthen the British Pound against the US Dollar exchange rate and a test of the resistance area near 1.3205. From there, we expect another downward rebound and continued decline in the British Pound against the US Dollar currency pair. The downside target for the pair, as part of the Forex forecast, is 1.2865.
GBP/USD Forecast and Analysis for November 19, 2025
An additional signal in favor of the currency pair’s growth will be a test of the trend line on the relative strength indicator (RSI). A second signal in favor of a decline will be a rebound from the upper boundary of the bearish channel. A strong rally and a breakout of the resistance area, with the price closing above 1.3345, would cancel the downside scenario for the GBP/USD pair. This would indicate a breakout of the resistance level and continued growth of the GBP/USD pair toward 1.3485. A breakout of the support area and a price close below 1.3065 would confirm the pair’s decline.
GBPUSD Forecast and Analysis for November 19, 2025 suggests an attempt to develop a bullish correction and test the resistance area near 1.3205. Subsequently, a continued decline with a target near 1.2865. An additional signal favoring a decline in the British Pound would be a test of the resistance line on the relative strength indicator (RSI). A strong rally in the British Pound against the US Dollar and a breakout of 1.3345 would cancel the downside scenario. This will indicate a continued rise in the Forex pair with a potential target above the level of 1.3485.
