GBP/USD Forecast: Continues to See Selling – 13 November 2025
The British Pound declined Wednesday as growing expectations of Bank of England rate cuts and persistent US dollar strength pressured GBP/USD toward key support at 1.30.

The British Pound declined Wednesday as growing expectations of Bank of England rate cuts and persistent US dollar strength pressured GBP/USD toward key support at 1.30.
Gold continued its bullish run on Wednesday, pushing toward $4,200, but lighter volume and overhead resistance at $4,400 suggest caution amid breakout hopes.
Crude oil fell sharply Wednesday as persistent market instability and weak global demand outweighed Russian sanctions, with prices eyeing support near $55–$56.
EUR/GBP broke above key resistance at 0.8825, confirming bullish momentum with buyers likely stepping in on pullbacks amid expectations of BoE rate cuts.
The USD/MXN pair is testing key support near 18.27000 as risk appetite returns post-shutdown, with traders watching for further downside or a potential bounce.
The Australian Dollar has started to gain more strongly as risk sentiment improves more firmly after the US government shutdown is ended.