FX.co ★ GBP/USD. Indicator analysis on August 28, 2025

Trend analysis (Fig. 1).

On Thursday, from the 1.3494 level (yesterday's daily close), the market may continue moving upward, targeting 1.3522 – the 85.4% retracement level (red dotted line). From this level, the price may rebound downward, aiming for 1.3482 – the 76.4% retracement level (red dotted line).

Fig. 1 (daily chart).

Comprehensive analysis:

• Indicator analysis – upward;
• Fibonacci levels – upward;
• Volumes – upward;
• Candlestick analysis – upward;
• Trend analysis – upward;
• Bollinger Bands – upward;
• Weekly chart – upward.

Overall conclusion: upward trend.

Alternative scenario: From the 1.3494 level (yesterday's daily close), the price may continue moving upward, targeting 1.3522 – the 85.4% retracement level (red dotted line). From this level, the price may rebound downward, aiming for 1.3416 – the 61.8% retracement level (red dotted line).