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

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

By tredu.com6/10/2025

Tredu

Forex TradingPound Sterling ForecastGBP/USD
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.

Free Guide Cover

How to Trade Like a Pro

Unlock the secrets of professional trading with our comprehensive guide. Discover proven strategies, risk management techniques, and market insights that will help you navigate the financial markets confidently and successfully.

Other News