GBP/USD Outlook: Pound May Retest 1.3615 Before Deeper Pullback

GBP/USD Forecast: Sterling Targets 1.3615 Resistance

Short-Term Range Holds, But Upside Retest Possible

The British Pound (GBP) is expected to trade within a tight range of 1.3530 to 1.3585 against the US Dollar (USD). However, technical analysis suggests that a retest of the 1.3615 level remains possible in the near term before stronger resistance or a potential correction emerges.

This scenario reflects underlying GBP resilience amid moderate USD strength, with traders watching closely for any breakout or reversal that could redefine the pair's short-term trajectory.