04.09.202505:07 Forex Analysis & Reviews: GBP/USD Forecast for September 4, 2025

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GBP/USD

Twice piercing the 1.3364 support level with the lower shadows of daily candles on Tuesday and Wednesday keeps the bears' optimism alive.

If today the price does not return to support due to its position above the balance line, it may do so tomorrow with the release of US employment data. The target at 1.3253 will open up. The Marlin oscillator is also in a neutral position along the zero line as of today.

On the four-hour chart, increased volatility could still push the price up to the MACD line (1.3477), and with it the Marlin oscillator to the zero line, but the price could very well continue its gradual decline from current levels. In any case, the expected range for tomorrow's Nonfarm Payrolls looks like 1.3364–1.3477, with a tendency toward its lower boundary.

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