# GBPUSD Bottom Near

> Pound may hit final drop before recovery starts.
- Title: GBPUSD Bottom Near · TradingView | Shortify
- Summary: Pound may hit final drop before recovery starts. GBPUSD could reach a weekly bottom around October 16 after recent selling pressure.
- Keywords: gbp, usd, technical analysis, price action, forex, gbp usd, business, finance, GBPUSD, Bottom, Near, TradingView
- Source: TradingView — https://tradingview.com/chart/GBPUSD/alslJ962-GBPUSD-Is-the-Bottom-Finally-Here
- Published: 2026-10-11T20:07:07+00:00
- Read time: 1 min
- Topics: gbp, usd, technical analysis, price action, forex, gbp usd, business, finance
## Weekly Bottom Approach
The British pound is getting closer to an important weekly bottom after weeks of selling pressure.
## Key Support Levels
Support levels include 1.3195, 1.31608, and 1.3135 for potential recovery zones.
## Critical Daily Level
Price must close above 1.3274 on daily chart to signal recovery start.
## October 16 Turning Point
The pound may see one last drop before a recovery begins around October 16.
## Key takeaway

GBPUSD could reach a weekly bottom around October 16 after recent selling pressure.