Pound Faces Downside Risk as UK Growth Tailwinds Disappear. Forecast as of 13.08.2026

The de-escalation of the conflict in the Middle East and the World Cup helped the UK economy shine in the second quarter. However, these temporary tailwinds have faded. Let's explore the outlook and develop a trading plan for the GBP/USD.Major Takeaways UK GDP is starting the year on a strong note. The pound is being sold on the news after being bought on the rumors. The BoE is unlikely to raise rates. Short positions on the GBP/USD can be opened if the price fails to return above 1.351.Wee