NEWS: GBP/USD price is rising 0.4% after ADP Nonfarm Employment Change in the USA for September came in at the weakest since December 2020 (-33,000 vs. 52,000 expected).
Possible Scenarios:
If GBPUSD fails to breach through R2 of 1.35327, our Research Department expects GBPUSD to undergo a short- term downward correction.
If GBPUSD manages to break above its R2 of 1.35327, our Research Department expects GBPUSD to extend its gains to its R3 of 1.35587.
Support and Resistance Levels:
GBPUSD |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
1.33853 |
1.34113 |
1.34373 |
1.34720 |
1.35067 |
1.35327 |
1.35587 |
Potential Profit or Potential Loss Calculations:
10 pips per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $100 |
(+/-) €85.04 |
(+/-) £74.02 |
*1 trading lot is equivalent of 100.000 units
**EUR/USD = 1.17594
***GBP/USD = 1.35095
Calculations for exchange rate used as of Wednesday, October 1, 2025, 13:30 GMT+1