GBP/USD Forecast: Technicals point to buildup in bearish pressure
GBP/USD stays under bearish pressure in the European session on Wednesday and trades below 1.3500. The technical outlook shows that sellers could retain control in the near term.

GBP/USD stays under bearish pressure in the European session on Wednesday and trades below 1.3500. The technical outlook shows that sellers could retain control in the near term.
After posting gains on Monday, EUR/USD edged higher but struggled to gather bullish momentum on Tuesday. The pair corrects lower early Wednesday and trades slightly below 1.1800.
Gold is replicating the retracement moves seen in Tuesday’s Asian trades as buyers again catch a breath early Wednesday, bracing for more speeches from US Federal Reserve (Fed) officials.
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During today’s trading session on Wednesday, September 24, 2025, the gold price index is holding steady around the $3,777 per ounce resistance level.