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FX.co ★ GBP/USD. Indicator Analysis on September 23, 2025

GBP/USD. Indicator Analysis on September 23, 2025

Trend Analysis (Fig. 1).

On Tuesday, from the level of 1.3510 (yesterday's daily close), the market may start moving downward with a target of 1.3465 – the 61.8% retracement level (blue dotted line). Upon testing this level, the price may then move upward toward 1.3482 – the 61.8% retracement level (red dotted line).

GBP/USD. Indicator Analysis on September 23, 2025

Fig. 1 (daily chart).

Comprehensive Analysis:

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

Overall conclusion: downward trend.

Alternative scenario: from the level of 1.3510 (yesterday's daily close), the price may start moving downward with a target of 1.3440 – the 50% retracement level (blue dotted line). Upon testing this level, the price may then move upward toward 1.3465 – the 61.8% retracement level (blue dotted 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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