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FX.co ★ GBP/USD. Indicator Analysis and Daily Overview for August 5, 2025

GBP/USD. Indicator Analysis and Daily Overview for August 5, 2025

Trend Analysis (Fig. 1)

On Tuesday, the market may continue moving downward from the level of 1.3280 (closing of yesterday's daily candle), targeting 1.3243 – the 14.6% retracement level (red dashed line). Upon testing this level, the price may begin moving upward toward 1.3364 – the upper fractal (blue dashed line).

GBP/USD. Indicator Analysis and Daily Overview for August 5, 2025

Fig. 1 (Daily Chart)

Comprehensive Analysis:

  • Indicator analysis – down
  • Volume – down
  • Candlestick analysis – down
  • Trend analysis – down
  • Bollinger Bands – down
  • Weekly chart – down

Overall conclusion: Downward trend.

Alternative Scenario: The price may continue moving downward from the level of 1.3280 (closing of yesterday's daily candle) toward 1.3225 – the 161.8% target level (blue dashed line). Upon testing this level, the price may begin moving upward toward the upper fractal at 1.3364 (blue dashed line).

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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