This week, from the level of 1.3232 (the close of the last weekly candle), the price may begin moving downward toward 1.3012 — the historical resistance level (blue dashed line). When testing this level, the price may rebound upward toward 1.3079 — the lower fractal (weekly candle of November 23, 2025).
Fig. 1 (Weekly Chart).
Comprehensive Analysis:Indicator analysis — downwardFibonacci levels — downwardVolume — downwardCandlestick analysis — downwardTrend analysis — downwardBollinger Bands — downwardMonthly chart — downwardConclusion from comprehensive analysis: downward movement.
Overall Summary for the Weekly GBP/USD Candle:The price will most likely show a downward trend throughout the week, with the weekly bearish candle lacking the first upper shadow (Monday — down) and having the second lower shadow (Friday — up).
Alternative Scenario:From the level of 1.3232 (the close of the last weekly candle), the price may begin moving downward toward 1.3141 — the 38.2% retracement level (red dashed line). Upon reaching this level, the price may move upward toward 1.3210 — the 8-period EMA (thin blue line).