Market Technical Analysis by RoboForex

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GBPUSD declines amid US economic uncertainty

The GBPUSD pair remains under pressure amid a stronger US dollar and ongoing uncertainty caused by the prolonged US budget crisis, currently trading at 1.3389. Discover more in our analysis for 8 October 2025.

GBPUSD technical analysis

The GBPUSD pair is moving within a descending channel. Quotes have rebounded from the Moving Averages, which strengthens downward pressure from sellers. Against this backdrop, there remains potential for further decline and a bearish outlook for the GBPUSD pair today, with a downside target at 1.3225.

The current GBPUSD dynamics indicate persistent pressure from the US dollar, with the market focused on the risks of the US budget crisis and upcoming Bank of England comments

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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