GBP/USD Forecast — 3 October 2026
GBP/USD (GBPUSD) approaches immediate support at 1.31794 with daily RSI in oversold territory and MACD confirming negative momentum, setting up a critical technical test ahead of scheduled US data.
Current outlook · 9–14 Nov 2026
The weekly bias is bearish while the D1 close remains below the 20, 50 and 200-period averages, although mixed closes and positive D1 momentum keep the setup less one-directional.
Read full forecastBrowse earlier GBP/USD outlooks and analysis.
GBP/USD (GBPUSD) approaches immediate support at 1.31794 with daily RSI in oversold territory and MACD confirming negative momentum, setting up a critical technical test ahead of scheduled US data.
GBP/USD trades under notable bearish pressure near support at 1.32032, with heavily oversold RSI readings warning of potential volatility ahead.
GBP/USD trades under bearish pressure at 1.33575 with momentum indicators like MACD and RSI favoring sellers, leaving key support at 1.31792 and resistance at 1.36742 in focus.
GBP/USD displays a neutral D1 structure near 1.35105, held between major resistance at 1.36742 and support at 1.31392.
GBP/USD trades neutrally near 1.35238 with balanced technical indicators, holding between major support at 1.31392 and resistance at 1.36742.