The Pound Dollar GBP/USD currency pair continues to move within the development of a bullish correction and a descending channel. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.3438. Moving averages indicate the presence of a short-term bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the currency pair and a potential continuation of the fall of the instrument. At the moment, we should expect an attempt to develop a bullish correction in the British Pound against the US Dollar and a test of the resistance area near the level of 1.3485. 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 decline of the pair, within the framework of the Forex forecast, is the area at the level of 1.3295.
GBP/USD Forecast and Analysis for September 5, 2025
An additional signal in favor of a decline in the currency pair will be a test of the trend line on the relative strength indicator (RSI). The second signal in favor of a fall will be a rebound from the upper border of the bearish channel. The cancellation of the option with a fall in 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 1.3525. This will indicate a breakout of the resistance level and continued growth of the Pound Dollar pair to the area at the level of 1.3745. 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 1.3385.
GBP/USD Forecast and Analysis for September 5, 2025 suggests an attempt to develop an increase and test the resistance area near the level of 1.3485. Then, the quotes will continue to fall with a target near the level of 1.3295. An additional signal in favor of the British Pound’s decline 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 1.3525 area. This will indicate a continuation of the rise on the Forex pair with a potential target above the level of 1.3745.
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