Pound Sterling Price News and Forecast: GBP/USD could test sub-1.3200 levels/200-day SMA

GBP/USD Forecast: Pound Sterling Falls as Traders Awaited Powell’s Speech

Modified: Tuesday, 14 October 2025 21:45 BST – Written by David Woodsmith STORY LINK GBP/USD Forecast: Pound Sterling Falls as Traders Awaited Powell’s Speech The Pound US Dollar exchange rate (GBP/USD) slumped on Tuesday, as the release of the UK’s latest labour market figures weighed on Sterling sentiment. At the time of writing, GBP/USD was trading at approximately $1.3268, down roughly 0.5% from the start of Tuesday’s session. The Pou…

Pound Sterling Price News and Forecast: GBP/USD could test sub-1.3200 levels/200-day SMA

The GBP/USD pair attracts heavy selling during the early part of the European session on Tuesday and drops to mid-1.3200s, or its lowest level since early August, in reaction to the disappointing UK labor market report.