The GBP/USD currency pair is ending the trading week on a rising trend and forming a bullish channel near 1.3355. Moving averages indicate a bullish trend. Prices have broken above 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 upward trend and test the resistance area near 1.3535. Subsequently, a downward rebound and a continued decline in the GBP/USD pair to below 1.2595 are expected.
GBP/USD Weekly Forecast December 8 — 12, 2025
An additional signal for the British Pound to decline will be a test of the resistance line on the relative strength indicator (RSI). A second signal will be a rebound from the upper boundary of the descending channel. A strong rally and a breakout of the 1.3775 area would cancel out the GBP/USD decline this week (December 8-12, 2025). This would indicate a breakout of the resistance area and continued growth above 1.4215. A breakout of the support area and a price close below 1.2995 would confirm a decline in the GBP/USD currency pair.
GBP/USD Weekly Forecast December 8 — 12, 2025 suggests an attempt at a bullish correction and a test of the resistance level near 1.3535. From there, we should expect continued decline in the currency pair with a target below 1.2595. 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 1.3775 would cancel the downside scenario for the GBP/USD pair. In this case, we should expect continued upside with a potential target above 1.4215.
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