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Market Overview
The GBP/ETB last closed at 208.2005 ETB on December 4, 2025, slightly down by 0.06% from the previous close of 208.33258, continuing its overall uptrend over the past 30 days with a positive return of 0.49%. The pair has traded within a 30-day range of 206.37 to 208.95, reflecting steady demand amid Ethiopian inflationary pressures and UK economic stability. Upcoming UK and Ethiopian economic data releases may influence price action. Technical indicators show the 20-day moving average at 206.76, 50-day and 200-day averages are not provided, RSI is moderate, with nearest support at 206 ETB and resistance near 209 ETB. The trend remains upward with some short-term consolidation. 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.