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Back Technical analysis
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Back Technical analysis
Forecast for GBP/USD on August 15, 2025
On the hourly chart, GBP/USD on
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On the hourly chart, GBP/USD on Thursday rebounded from the 100.0% retracement level at 1.3586, turned in favor of the U.S. dollar, and saw a modest decline toward the 76.4% Fibonacci level at 1.3482. Today, the decline may continue. A consolidation above 1.3586 (and above the resistance zone of 1.3611–1.3620) or a rebound from 1.3482 would work in favor of the pound and a resumption of the bullish trend. The wave structure remains bearish, which may seem unusual after
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Samir Klishi,
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© 2007-2025
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