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Market Overview
The GBP/LBP pair closed at 119002.47 on November 29, 2025, reflecting a slight decline of 0.01% from the previous close of 119019.02, yet maintaining an overall uptrend with a 30-day return of 0.41%. The pair’s technical indicators show the 20-day SMA at 118819.20, 50-day SMA near the 20-day level, and the 200-day SMA trending lower, supporting the upward momentum. The RSI indicates moderate strength, while key support is identified around 118800 and resistance near 119600. No major economic events are scheduled imminently, but ongoing UK economic data and Lebanon’s political developments may influence price action. 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.