FX.co ★ GBP/USD. Technical Analysis on December 1, 2025

Trend Analysis (Fig. 1)

On Monday, from the level of 1.3232 (Friday's daily candle close), the market may continue moving downward toward 1.3178 — the 23.6% retracement level (blue dashed line). When testing this level, the price may start moving upward toward 1.3200 — the lower fractal (daily candle of November 28, 2025).

Fig. 1 (Daily Chart).

Comprehensive Analysis:

• Indicator analysis — downward
• Fibonacci levels — downward
• Volume — downward
• Candlestick analysis — downward
• Trend analysis — downward
• Bollinger Bands — downward
• Weekly chart — downward

Overall conclusion: a downward trend.

Alternative Scenario:

From the level of 1.3232 (Friday's daily candle close), the price may continue moving downward toward 1.3148 — the historical support level (blue dashed line). When testing this level, the price may start moving upward toward 1.3178 — the 23.6% retracement level (blue dashed line).