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Market Overview
The GBP/BGN pair closed at 2.23727 on December 4, 2025, reflecting a marginal decline of 0.00% from the previous close but maintaining an overall uptrend with a 30-day return of 0.54%. The price remains supported by short-term moving averages, with the 20-day SMA at 2.23678, 50-day SMA near 2.2365, and 200-day SMA around 2.2340. The RSI stands at 58, indicating moderate momentum. Key support is identified at 2.2340, while resistance is near 2.2385. No major economic events are scheduled imminently, but UK inflation data and Eurozone trade developments could influence price action. The technical outlook aligns with a steady uptrend and cautious market optimism. For information only.
Last Updated 12/4/25

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.