GBPUSD reaches our expected target. Analysis 29-10-2025

usd_gbp_news_2The (GBPUSD) price declined sharply during its last intraday trading, reaching our expected target at 1.3265 support, preparing to breaking it amid the continuation of the negative pressure that comes from its trading below EMA50, with the dominance of the main bearish trend on the short-term basis and its trading alongside supportive trendline, besides the emergence of the negative signals on the relative strength indicators, despite reaching oversold levels.

Origin: Economies

 

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