{
  "id": 9092800,
  "title": "GBP/USD Price Forecast: Turns flat after breakdown below 1.3400",
  "url": "https://urgent.news/2026/09/22/gbp-usd-price-forecast-turns-flat-after-breakdown-below-1-3400",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-22T05:50:18.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/gbp-usd-price-forecast-turns-flat-after-breakdown-below-13400-202609220550"
  },
  "original_language": "en",
  "account": "The British Pound strengthened slightly against the US Dollar during Tuesday's European trading session, reaching 1.3385. This upward movement occurred as the US Dollar faced mild headwinds before a potential meeting of US and Gulf leaders. US Dollar was the weakest among major currencies against the New Zealand Dollar, as indicated by a heat map. The US Dollar Index (DXY) traded near 100.35 during this period. The Federal Reserve is expected to announce one more interest rate hike this year, with policymakers highlighting the impact of high oil prices and strong economic growth on inflation. The UK awaits the S&P Global Purchasing Managers' Index (PMI) for September, which is anticipated to show a deceleration in business activity growth. In the daily chart, GBP/USD is trading at 1.3385, and it is under a bearish near-term trend as it is trading below the 20-period exponential moving average (EMA) at 1.3467 and a broken upward support trend line at 1.3495. The Relative Strength Index (14) is at 37.7, indicating weakening downside momentum but not signifying a bullish reversal. The pair's initial resistance lies at the 20-period EMA around 1.3467, with a stronger barrier at the trend-line break level of 1.3495, where sellers might defend the declining price. If the pair fails to hold its recent low at 1.3336, it could decline further towards 1.3300.",
  "summary": "The British Pound (GBP) is 0.15% higher at around 1.3385 against the US Dollar (USD) during the European trading session on Tuesday. The GBP/USD pair gains as the US Dollar is slightly under pressure ahead of meeting between leaders from the United States (US) and Gulf nations.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Silver Price Forecast: XAG/USD sticks to gains near mid-$66.00s; 23.6% Fibo. holds the key",
        "url": "https://urgent.news/2026/09/22/silver-price-forecast-xag-usd-sticks-to-gains-near-mid-66-00s-23-6",
        "published": "2026-09-22T00:56:57.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}