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TECHNICAL ANALYSIS

We provide an up-to-date Technical Analysis reports of the forex market, metals, oil and global indices to highlight the most important expected movements on the charts.

GBPUSD 11.8.2025

Technical Analysis
Monday, August 11, 2025 - 12:24
Point Trader Group
GBPUSD 11.8.2025

Overall Trend:

The price is attempting to break above the descending trendline while testing the resistance at 1.3479, but selling pressure remains.

Expected Scenario:

- Bullish: Breaking 1.3479 and holding above it could push towards 1.3520 then 1.3570.

- Bearish: Failure to surpass 1.3479 with a break below 1.3375 may send the price back to 1.3320 and 1.3280.

Key Levels:

Resistance: 1.3479 – 1.3520 – 1.3570

Support: 1.3375 – 1.3320 – 1.3280

*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.

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