NEWS: GBPUSD price is falling -0.5% after UK borrowing data sharply missed expectations. Public sector net borrowing hit £18 billion in August, the highest for the month in five years and well above forecasts of £12.7 billion.
Possible Scenarios:
If GBPUSD fails to breach through S2 of 1.34821, our Research Department expects the GBPUSD to undergo a short- term upward correction.
If GBPUSD manages to break below its S2 of 1.34821, our Research Department expects the GBPUSD to extend its losses to its S3 of 1.34562
Support and Resistance Levels:
GBPUSD |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
1.34562 |
1.34821 |
1.35079 |
1.35424 |
1.35769 |
1.36027 |
1.36286 |
Potential Profit or Potential Loss Calculations:
10 pips per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
(+/-) $100 |
(+/-) €84.97 |
(+/-) £74.08 |
*1 trading lot is equivalent of 100.000 units
**EUR/USD = 1.17689
***GBP/USD = 1.34989
Calculations for exchange rate used as of Friday, September 19, 2025, 9:00: AM