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GBPUSD 17.12.2025
Overall Trend:
Price action shows a corrective phase following a strong bullish move, with clear selling pressure near the 1.3390–1.3410 resistance zone. Failure to hold above this area has pushed the market back into a weak sideways range.
Technical Outlook:
Momentum has cooled temporarily, and the 1.3390 area remains a key ceiling. Any rebound below this level is still considered corrective.
Potential Scenarios:
Bullish case: A confirmed close above 1.3410 could open the door toward 1.3500.
Bearish case: Failure to break 1.3390, followed by a break below 1.3320, may send price toward 1.3285 and then 1.3010.
Key Levels:
Resistance: 1.3390 – 1.3410 – 1.3500
Support: 1.3320 – 1.3285 – 1.3010
Summary:
Short-term bias remains cautious. Any upside without a clear breakout remains vulnerable to selling pressure.
*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
