Fundamental Market Analysis for October 8, 2025 GBPUSDBritish Pound/US DollarSAXO:GBPUSDFresh-Forexcast2004The pound is weakening against the dollar following the broader strengthening of the US currency amid a prolonged budget impasse in the United States and rising global uncertainty. Demand for the dollar as a liquid asset is increasing, pulling the pair lower despite the relative resilience of some UK indicators. The UK remains sensitive to inflation dynamics and consumer activity: any signs of cooling demand reinforce expectations of a gentler monetary policy path, limiting the pound’s upside potential. In addition, weakness across commodity-linked currencies after an unexpected rate cut in New Zealand has intensified risk aversion and indirectly supported the dollar against most currencies, including the pound. In the short term, the fundamental balance of factors remains unfavorable for GBP: a stronger dollar, cautious expectations for the British economy, and a lack of fresh positive drivers point to an advantage for sellers. Trading recommendation: SELL 1.33950, SL 1.34250, TP 1.33150