empty
 
 
01.10.2025 10:35 AM
GBP/USD. Technical Analysis on October 1, 2025

Trend Analysis (Fig. 1).

On Wednesday, the market from the level of 1.3441 (yesterday's daily candle close) may possibly continue moving upward with the target at 1.3482 – the 61.8% retracement level (red dashed line). When testing this level, the price may roll back downward with the target at 1.3417 – the 23.6% retracement level (blue dashed line).

This image is no longer relevant

Fig. 1 (daily chart).

Comprehensive Analysis:

  • Indicator analysis – upward;
  • Fibonacci levels – upward;
  • Volumes – downward;
  • Candlestick analysis – downward;
  • Trend analysis – upward;
  • Bollinger Bands – upward;
  • Weekly chart – upward.

General conclusion: upward trend.

Alternative scenario: On Wednesday, the market from the level of 1.3441 (yesterday's daily candle close) may possibly continue moving upward with the target at 1.3501 – the 38.2% retracement level (yellow dashed line). When testing this level, the price may roll back downward with the target at 1.3417 – the 23.6% retracement level (blue dashed line).

Recommended Stories

ابھی فوری بات نہیں کرسکتے ؟
اپنا سوال پوچھیں بذریعہ چیٹ.