The British pound has rallied slightly during the trading session here on Monday, but you can see that we’re just hanging around the 50 day EMA. And it looks a lot like a market that is just simply going sideways after a significant drop over the course of three days. But uh this is still a market that is technically I guess up in an uptrend or maybe sideways. The 1.34 level should offer support as long as that holds.
GBP/USD Forecast: British Pound Attempts to Recover Against US Dollar – 23 September 2025
