GBP/USD Price Forecast: Holds steady to near 1.3600, with bullish bias intact above 100-day SMA

GBP/USD Price Forecast: Holds steady to near 1.3600, with bullish bias intact above 100-day SMA

Source: EODHD - https://www.fxstreet.com/news/gbp-usd-price-forecast-holds-steady-to-near-13600-with-bullish-bias-intact-above-100-day-sma-202608280605
Published: Aug 28, 2026 2:05 AM

The GBP/USD pair steadies around 1.3590 during the early European session on Friday. Traders pared expectations for ‌an interest rate hike by the Bank of England (BoE) this year and shifted their attention to the annual symposium on monetary policy at Jackson Hole in the US later on Friday.

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.