GBP/USD Price Forecast: Weakens below 1.3250, technical barriers sustain bearish bias

Published Sep 30, 2026 1:13 AM Last updated Sep 30, 2026 7:01 AM Source: EODHD Event Time: Sep 30, 2026 1:13 AM

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This market news item includes source data powered by EODHD.

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GBP/USD Price Forecast: Weakens below 1.3250, technical barriers sustain bearish bias

Source: EODHD - https://www.fxstreet.com/news/gbp-usd-price-forecast-weakens-below-13250-technical-barriers-sustain-bearish-bias-202609300513
Published: Sep 30, 2026 1:13 AM

The GBP/USD pair loses momentum to near 1.3225 during the early European trading hours on Wednesday. Surging US Treasury yields and the hawkish stance of the Federal Reserve (Fed) provide some support to the US Dollar (USD) against the British Pound (GBP).

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.

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