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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 28.5.2025

Technical Analysis
Wednesday, May 28, 2025 - 12:51
Point Trader Group
GBPUSD 28.5.2025

General Trend:

The pair is hovering around the 1.3439 peak after a strong bullish run, but momentum indicators suggest overbought conditions.

Expected Scenario:

Bearish Scenario:

- A pullback may occur if 1.3329 is broken, targeting 1.3200 then 1.3144.

Bullish Scenario:

- Holding above 1.3329 keeps chances of reaching 1.3439 and 1.3500 alive.

Key Levels:

Resistances: 1.3329 – 1.3439 – 1.3500  

Supports: 1.3200 – 1.3144 – 1.3022

 

  Disclosure of risk:     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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