The GBP/USD forecast remains tilted to the upside, aiming for 1.3925 as the dollar loses further after the FOMC meeting. Despite the rates on hold and Powell’s reminder of higher inflation, the dollar could not find buyers amid Fed independence concerns. Option markets reveal the highest negative level since last May for GBP 3-month risk reversals, suggesting further upside. GBP/USD is slowly moving higher within a positive structure, aiming for the 1.3925 level. GBP/USD Technical Forecast: Potential Correction Before UpsideThe GBP/USD consolidates gains near the 1.3850 level with a demand zone and 20-period MA confluence at 1.3750, providing solid support.