GBPUSD tests 1.3565: US labour market collapsed more than expected
The GBPUSD rate maintains its bullish momentum after the downward revision of US employment statistics and growing expectations of a Fed rate cut. The rate currently stands at 1.3538. Discover more in our analysis for 10 September 2025.
GBPUSD technical analysis
The GBPUSD rate is hovering within an ascending channel and trading above the Moving Average, keeping the advantage on the side of buyers. An attempt to consolidate above 1.3565 again points to the market’s intention to test the key resistance level and extend growth towards 1.3650.
The GBPUSD rate is strengthening on the back of revised US labour market data and growing expectations of a Federal Reserve rate cut.
Read more - GBPUSD Forecast
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team
The GBPUSD rate maintains its bullish momentum after the downward revision of US employment statistics and growing expectations of a Fed rate cut. The rate currently stands at 1.3538. Discover more in our analysis for 10 September 2025.
GBPUSD technical analysis
The GBPUSD rate is hovering within an ascending channel and trading above the Moving Average, keeping the advantage on the side of buyers. An attempt to consolidate above 1.3565 again points to the market’s intention to test the key resistance level and extend growth towards 1.3650.
The GBPUSD rate is strengthening on the back of revised US labour market data and growing expectations of a Federal Reserve rate cut.
Read more - GBPUSD Forecast
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team