The GBP/USD currency pair is ending the trading week within a rising and descending channel near 1.3372. Moving averages indicate a bullish trend. Prices have broken above the area between the signal lines, indicating buying pressure and a potential continuation of the decline in the British Pound against the US Dollar from current levels. Currently, we expect an attempt to continue the rise and a test of the resistance area near 1.3495. Subsequently, a downward rebound and a continued decline in the GBP/USD exchange rate to below 1.2615 are expected.
GBP/USD Weekly Forecast December 15 — 19, 2025
An additional signal for the British Pound to decline will be a test of the resistance line on the relative strength indicator. A second signal will be a rebound from the upper boundary of the descending channel. A strong rise in the GBP/USD pair and a breakout of the 1.3765 area would cancel out the GBP/USD decline this week (December 15-19, 2025). This would indicate a breakout of the resistance area and continued growth above 1.4175. A breakout of the support area and a price close below 1.3045 would confirm a decline in the GBP/USD pair.
GBP/USD Weekly Forecast December 15 — 19, 2025 suggests an attempt at a bullish correction and a test of the resistance level near 1.3495. From there, we should expect continued decline in the pair with a target below 1.2615. A test of the trend line on the relative strength indicator (RSI) will serve as an additional signal for a decline. A strong rally and a breakout of 1.3765 would cancel the downside scenario for the GBP/USD pair. In this case, we should expect continued upside movement with a potential target above 1.4175.
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