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Market Overview
The GBP/IQD pair closed at 1751.09 on November 29, 2025, slightly down by 0.03% from the previous close, continuing its uptrend with a 30-day return of 1.79%. The pair has traded within a range of 1745.27 to 1753.95 over the past month, showing consolidation near key support at 1745. Upcoming UK economic data and regional developments in Iraq may influence price action. Technical indicators show the 20-day moving average at 1747.79, 50-day near 1750.89, and 200-day around 1751.09, with RSI indicating moderate momentum. Nearest support is at 1745 and resistance at 1754. 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.