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FX.co ★ GBP/USD. Technical Analysis on December 1, 2025

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Forex Analysis:::2025-12-01T08:38:50

GBP/USD. Technical Analysis on December 1, 2025

Trend Analysis (Fig. 1)

On Monday, from the level of 1.3232 (Friday's daily candle close), the market may continue moving downward toward 1.3178 — the 23.6% retracement level (blue dashed line). When testing this level, the price may start moving upward toward 1.3200 — the lower fractal (daily candle of November 28, 2025).

GBP/USD. Technical Analysis on December 1, 2025

Fig. 1 (Daily Chart).

Comprehensive Analysis:

  • Indicator analysis — downward
  • Fibonacci levels — downward
  • Volume — downward
  • Candlestick analysis — downward
  • Trend analysis — downward
  • Bollinger Bands — downward
  • Weekly chart — downward

Overall conclusion: a downward trend.

Alternative Scenario:

From the level of 1.3232 (Friday's daily candle close), the price may continue moving downward toward 1.3148 — the historical support level (blue dashed line). When testing this level, the price may start moving upward toward 1.3178 — the 23.6% retracement level (blue dashed line).

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