GBPUSD 11.11.2025
Trend:
remains in a clear downside trend, but is trying to base above 1.3135 after a sharp bounce from the 1.3010 low. This area has turned into a key pivot; holding above it leaves room for further corrective upside, while a break back below would restore bearish pressure.
Expected Scenario:
Bullish: Sustained trading above 1.3135 favors an extension of the rebound toward 1.3252, with scope for further gains if that level is reclaimed.
Bearish: A decisive drop below 1.3135 would expose 1.3060 followed by the recent bottom near 1.3010.
Key Levels:
Resistance: 1.3135 – 1.3252
Support: 1.3060 – 1.3010
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