NEWS: GBPUSD price is increasing 0.43% ahead of the FED’s interest rate decision on September 17 and the Bank of England’s interest rate decision on September 18th
Possible Scenarios:
If GBPUSD fails to breach through R1 of 1.36689, our Research Department expects the GBPUSD to undergo a short- term downward correction.
If GBPUSD manages to break above its R1 of 1.36689, our Research Department expects the GBPUSD to extend its gains to its R2 of 1.36892.
Support and Resistance Levels:
GBPUSD |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
1.35746 |
1.35948 |
1.36151 |
1.36420 |
1.36689 |
1.36892 |
1.37094 |
Potential Profit or Potential Loss Calculations:
10 pips per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $100 |
(+/-) €84.59 |
(+/-) £73.24 |
*1 trading lot is equivalent of 100.000 units
**EUR/USD = 1.18211
***GBP/USD = 1.36534
Calculations for exchange rate used as of Tuesday, September 16, 2025, 14:40 GMT+1