GBPUSD – Bears Take a Breather After Heavy Losses but Hold Grip
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Monday, September 28, 2026 at 01:59 PM UTC

GBPUSD – Bears Take a Breather After Heavy Losses but Hold Grip

Currency Pairs:💱 GBP-USD

Cable consolidates above new three-month low at 1.3204, posted last Thursday (just ahead of 1.3193, Fibo 38.2% of 1.2100/1.3870 uptrend) after suffering heavy losses in past two weeks (down 2%).

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GBPUSD – Bears Take a Breather After Heavy Losses but Hold Grip