GBPUSD Wave Analysis – 3 September  2026

GBPUSD: ⬇️ Sell

– GBPUSD reversed from resistance zone

– Likely to fall to support level 1.3435

GBPUSD currency pair recently reversed from the resistance zone between the resistance level 1.3650 (which has been reversing the price from February) and the upper daily Bollinger Band.

The downward reversal from this resistance started active minor ABC correction ii – that belongs to wave 3 from the end of June.

Given the strongly bullish US dollar sentiment seen today, GBPUSD currency pair can be expected to fall to support level 1.3435 (target for the completion of the active corrective wave ii).