GBP/USD Price Forecast: Consolidates below mid-1.3500s; bullish potential seems intact

GBP/USD Price Forecast: Consolidates below mid-1.3500s; bullish potential seems intact

Source: EODHD - https://www.fxstreet.com/news/gbp-usd-price-forecast-consolidates-below-mid-13500s-bullish-potential-seems-intact-202609080457
Published: Sep 08, 2026 12:57 AM

The GBP/USD pair struggles to capitalize on the previous day's modest gains and oscillates in a range below mid-1.3500s during the Asian session on Tuesday. The downside, however, remains cushioned as the US Dollar (USD) selling remains unabated on the back of a broadly firmer Japanese Yen (JPY).

Market context: This update is relevant to GBP traders, with GBPUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.