Trade The World
GBP/USD extends decline after breaking 1.3140 support – Société Générale
Ni FXStreet Insights Team
Petsa ng Pag-publish: 5 Nov 2025 | Petsa ng Pag-edit: 5 Nov 2025
POPULAR ARTICLES
GBP/USD continues to slide after breaching key support levels, with downside momentum intact and limited signs of recovery ahead, Société Générale's FX analysts note.
GBP/USD continues to slide after breaching key support levels, with downside momentum intact and limited signs of recovery ahead, Société Générale's FX analysts note.
Deeply negative MACD signals ongoing bearish momentum
"GBP/USD gave up the 200-DMA last month and breached the lower limit of its consolidation (1.3140) resulting in extension of decline. It is approaching projections of 1.2940/1.2920, which could be an interim support."
"Daily MACD is within deep negative territory highlighting a stretched decline, however signals of a meaningful rebound are not yet visible. The moving average around 1.3250 may cap upside. Inability to overcome this hurdle can result in persistence of down move."
FXStreet
Higit sa isang milyong user ang umaasa sa FXStreet para sa real-time market data, charting tools, expert insights, at Forex news. Ang komprehensibong economic calendar at educational webinars nito ay tumutulong sa mga trader na manatiling may alam at gumawa ng kalkuladong mga desisyon. Sinusuportahan ang FXStreet ng humigit-kumulang 60 propesyonal sa pagitan ng Barcelona HQ at iba’t ibang rehiyon sa buong mundo.
Read More
