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02.12.202510:24 Forex Analysis & Reviews: GBP/USD. Technical Analysis on December 2, 2025

Trend Analysis (Fig. 1)

On Tuesday, from the level of 1.3208 (yesterday's daily candle close), the market may continue moving downward toward the target of 1.3148 — a historical resistance level (light-blue dashed line). When testing this level, the price may possibly begin moving upward toward 1.3178 — the 23.6% retracement level (blue dashed line).

Exchange Rates 02.12.2025 analysis

Fig. 1 (daily chart)

Comprehensive Analysis:

  • indicator analysis — down
  • volume analysis — down
  • candlestick analysis — down
  • trend analysis — down
  • Bollinger Bands — down
  • weekly chart — down

Overall conclusion: a downward trend.

Alternative scenario:From the level of 1.3208 (yesterday's daily candle close), the price may continue moving downward toward 1.3178 — the 23.6% retracement level (blue dashed line). Upon testing this level, the price may possibly begin moving upward toward 1.3192 — the 21-period EMA (thin black line).

*Analiza tržišta koja se ovde nalazi namenjena je boljem razumevanju tržišta i ne pruža instrukcije za vršenje trgovanja.

Stefan Doll,
Analytical expert of InstaSpot
© 2007-2025
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