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GBP/USD. Technical Analysis on November 17, 2025
Trend Analysis (Fig. 1)On Monday, from
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Trend Analysis (Fig. 1)On Monday, from the level of 1.3169 (Friday's daily candle close), the market may continue moving downward toward 1.3110 – the 161.8% target level (red dashed line). Upon testing this level, the price may begin moving upward toward 1.3148 – the historical resistance level (blue dashed line). Fig. 1 (daily chart).Comprehensive Analysis:indicator analysis – downwardFibonacci levels – downwardvolumes – downwardcandlestick analysis – downwardtrend analysis – downwardBollinger Bands – downwardweekly chart – downwardOverall conclusion: downward trend.Alternative Scenario:From
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Stefan Doll,
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© 2007-2025
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