GBP/USD Price Forecast: Remains below 1.3450, nine-day EMA
GBP/USD remains subdued for the fourth consecutive day, trading around 1.3430 during the Asian hours on Friday. The momentum indicator 14-day Relative Strength Index (RSI) at 51.9 is neutral, reflecting slower momentum after firm recent readings.
  • GBP/USD sits below the nine-day EMA but above the 50-day EMA, straddling short- and medium-term trends.
  • The 14-day Relative Strength Index at 51.9 is neutral, indicating easing momentum after recent strength.
  • Staying above the 50-day line would maintain the positive bias and provide support on pullbacks.

GBP/USD remains subdued for the fourth consecutive day, trading around 1.3430 during the Asian hours on Friday. The momentum indicator 14-day Relative Strength Index (RSI) at 51.9 is neutral, reflecting slower momentum after firm recent readings. An RSI drop back beneath 50 would strengthen the case for a deeper pullback.

The GBP/USD pair straddles the short-term and medium-term trend filters, sitting below the nine-day Exponential Moving Average (EMA) but above the 50-day EMA. The nine-day average remains above the 50-day EMA, yet its recent rollover caps upside traction.

The initial support lies at the 50-day EMA of at 1.3381. A daily close under the medium-term average would shift focus toward the eight-month low of 1.3010. Holding above the 50-day line would preserve the underlying positive tone and keep dips supported.

A break through the nine-day EMA at 1.3464 would expose the three-month high of 1.3562 as the next barrier. A daily close back over this confluence resistance zone could reassert the topside bias. Further advances would lead the GBP/USD pair to explore the region around the six-month high of 1.3726, followed by the 1.3788, the highest level since October 2021.

GBP/USD: Daily Chart

Pound Sterling Price Today

The table below shows the percentage change of British Pound (GBP) against listed major currencies today. British Pound was the weakest against the Euro.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.03% 0.01% 0.19% 0.05% -0.00% 0.07% 0.01%
EUR 0.03% 0.05% 0.22% 0.08% 0.03% 0.10% 0.05%
GBP -0.01% -0.05% 0.19% 0.04% -0.02% 0.05% -0.01%
JPY -0.19% -0.22% -0.19% -0.13% -0.19% -0.12% -0.18%
CAD -0.05% -0.08% -0.04% 0.13% -0.06% 0.00% -0.05%
AUD 0.00% -0.03% 0.02% 0.19% 0.06% 0.07% 0.01%
NZD -0.07% -0.10% -0.05% 0.12% -0.01% -0.07% -0.06%
CHF -0.01% -0.05% 0.00% 0.18% 0.05% -0.01% 0.06%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the British Pound from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent GBP (base)/USD (quote).

(The technical analysis of this story was written with the help of an AI tool.)

FXStreet
Trade The World
More than a million users rely on FXStreet for real-time market data, charting tools, expert insights, and forex news. Its comprehensive economic calendar and educational webinars help traders stay informed and make calculated decisions. FXStreet is supported by a team of about 60 professionals, split between the Barcelona headquarters and various global regions.
Read More

LIVE QUOTES

Name / Symbol
Chart
% Change / Price
GBPUSD
1 D change
+0%
0
EURUSD
1 D change
+0%
0
USDJPY
1 D change
+0%
0

ALL ABOUT FOREX

Explore More Tools
Trading Academy
Browse a wide range of educational articles covering trading strategies, market insights, and financial fundamentals, all in one place.
Learn More
Courses
Explore structured trading courses designed to support your growth at every stage of your trading journey.
Learn More
Webinar
Join live and on-demand webinars to gain real-time market insights and trading strategies from industry experts.
Learn More