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FX.co ★ GBP/USD. Indicator analysis on September 8, 2025

GBP/USD. Indicator analysis on September 8, 2025

Trend analysis (Fig. 1).

On Monday, from the level of 1.3506 (Friday's daily candle close), the market may begin moving downward with a target of 1.3469 – the 21-day EMA (black thin line). Upon testing this line, the price may begin moving upward with a target of 1.3486 – the 23.6% retracement level (yellow dotted line).

GBP/USD. Indicator analysis on September 8, 2025

Fig. 1 (daily chart).

Comprehensive analysis:

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

Overall conclusion: Downtrend.

Alternative scenario: From the level of 1.3506 (Friday's daily candle close), the price may start moving downward with a target of 1.3420 – the 38.2% retracement level (yellow dotted line). Upon testing this level, the price may then move upward with a target of 1.3469 – the 21-day EMA (black thin line).

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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