GBP/USD Price Forecast: Holds ground near 1.3200, near-term bias remains bearish

GBP/USD Price Forecast: Holds ground near 1.3200, near-term bias remains bearish

Source: EODHD - https://www.fxstreet.com/news/gbp-usd-price-forecast-holds-ground-near-13200-near-term-bias-remains-bearish-202609280552
Published: Sep 28, 2026 1:52 AM

The British Pound (GBP) is up 0.15% at around 1.3245 against the US Dollar (USD) in the early European session on Monday. The GBP/USD pair gains as the British currency outperforms its peers despite market experts questioning hawkish Bank of England (BoE) repricing.

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.