Market Technical Analysis by RoboForex

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GBPUSD in turbulence zone – what will the Bank of England say

The British pound came under pressure again, but ahead of key fundamental data, there is a small chance of a GBPUSD correction towards 1.3425. Discover more in our analysis for 3 September 2025.

GBPUSD technical analysis

On the H4 chart, the GBPUSD pair tested the lower Bollinger Band and formed an Inverted Hammer reversal pattern. At this stage, the pair may develop a corrective wave following this signal. Given that the price is within a descending channel after a sharp drop, a corrective rebound is likely.

The market is waiting for the Bank of England MPC hearings.

Read more - GBPUSD Forecast

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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

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The RoboForex Team