GBP/MAD 12.32805

Market Overview

Market Overview The GBP/MAD pair closed at 12.26196 on November 29, 2025, reflecting a slight decline of 0.06% from the previous close but maintaining an overall uptrend with a 30-day return of 0.15%. The pair has traded within a 30-day range of 12.23594 to 12.28872, supported by steady UK economic data and Morocco’s stable monetary policy. Technical indicators show the 20-, 50-, and 200-day moving averages closely aligned near 12.2675, with the RSI indicating mild bullish momentum. Key support is identified at 12.24 and resistance near 12.29. No major upcoming events are currently expected to disrupt this trend. For information only. Last Updated 12/4/25