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Back Technical analysis
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Back Technical analysis
GBP/USD Forecast on December 11, 2025
On the hourly chart, the GBP/USD
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On the hourly chart, the GBP/USD pair continued its upward movement on Wednesday after rebounding from the 61.8% retracement level at 1.3294 and consolidated above the resistance level of 1.3352–1.3362. Thus, the upward movement may continue today if the price rebounds from this zone from above, aiming for 1.3425. Consolidation below the 1.3352–1.3362 level will favor the US dollar and a moderate decline toward the 61.8% Fibonacci level at 1.3294. The wave structure turned "bullish" two weeks ago. The
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Samir Klishi,
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© 2007-2025
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