GBP/USD Forecast: Market Seeks Direction – 21 October 2025
GBP/USD trades quietly near the midpoint of its consolidation range, with traders watching for a breakout as questions remain about the dollar’s next move.

GBP/USD trades quietly near the midpoint of its consolidation range, with traders watching for a breakout as questions remain about the dollar’s next move.
Bitcoin rallied above $110,000 on Monday, rebounding from the 200-day EMA, with a potential breakout above $114,000 opening the door to $123,000.
The US dollar climbed against the Canadian dollar on Monday, testing the key 1.40 resistance as market sentiment remains bullish amid economic divergence.
GBP/JPY consolidates near ¥202 following volatile sessions, with key support at ¥200 and resistance at ¥204–¥205, while the bullish trend and positive carry continue to attract buyers.
MicroStrategy’s Monday surge lost steam quickly, with technical weakness, fading Bitcoin correlation, and bearish momentum suggesting further declines ahead.
The US Dollar is gaining strongly as the London session open approaches, and we see the price falling with firm momentum.