GBP/USD Price Outlook – Trade Setup (Oct 10, 2025)British Pound / U.S. DollarFOREXCOM:GBPUSDATFX_Global📊 Technical Structure GBPUSD GBP/USD is holding just above the 1.3300 support area, after a brief rebound from the support zone (1.3282–1.3299). The chart shows price trapped between support and the resistance zone (1.3375–1.3389). A corrective bounce is possible, but the overall structure remains fragile, capped by a descending trendline. 🎯 Trade Setup Entry: 1.3375 (sell limit near resistance) Stop Loss: 1.3397 Take Profit 1: 1.3299 Take Profit 2: 1.3282 Risk-Reward (R:R): ≈ 1: 4.12 🌍 Macro Background The BoE’s cautious stance underpins GBP in the short term. Catherine Mann emphasized that policy must remain restrictive as inflation stays stubborn. However, the UK’s weak growth outlook and strict fiscal measures (no extra spending on wages) weigh on Sterling. On the USD side, ongoing US government shutdown risks and Fed’s dovish bias are counterbalanced by safe-haven demand, keeping the Dollar resilient. This divergence creates a choppy but overall downside bias for GBP/USD if resistance holds. 🔑 Key Technical Levels Resistance Zone: 1.3375 – 1.3389 Support Zone: 1.3282 – 1.3299 📌 Trade Summary GBP/USD is likely to face selling pressure if it retests 1.3375 resistance. A rejection here could send the pair back toward 1.3282 support, aligning with the broader bearish structure. ⚠️ Disclaimer This analysis is for reference only and does not constitute trading advice. Trading involves significant risk, and proper risk management is essential.