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04.11.2025 11:27 AM
GBP/USD. Technical Analysis on November 4, 2025
ট্রেডিং অ্যাকাউন্ট খুলুন ডেমো অ্যাকাউন্ট খুলুন
অর্থ জমা
অর্থ উত্তোলন
Trend Analysis (Fig. 1).On Tuesday, the market from the level of 1.3136 (the close of yesterday's daily candle) may begin moving downward toward the target of 1.3077 — the 176.4% target level (red dashed line). When testing this level, the price may possibly begin an upward movement toward 1.3148 — a historical resistance level (blue dashed line).

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Fig. 1 (Daily Chart).

Comprehensive Analysis:

  • Indicator analysis – downward;
  • Volume – downward;
  • Candlestick analysis – downward;
  • Trend analysis – downward;
  • Bollinger Bands – downward;
  • Weekly chart – downward.

Overall conclusion: Downward trend.

Alternative scenario: From the level of 1.3136 (the close of yesterday's daily candle), the price may begin moving downward toward 1.3110 — the 161.8% target level (red dashed line). When testing this level, the price may possibly begin an upward movement toward 1.3187 — the 14.6% retracement level (blue dashed line).

Stefan Doll,
Analytical expert of InstaTrade
© 2007-2025

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