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Market Overview
The GBP/MWK pair closed at 2297.09338, slightly down by 0.09% from the previous close, continuing its overall uptrend over the past 30 days with a modest return of 0.23%. The pair has traded within a range of 2288.68 to 2299.45 during this period, maintaining bullish momentum supported by the 20-day SMA at 2295.73, 50-day SMA near the same level, and a 200-day SMA not explicitly stated but consistent with the uptrend. The RSI indicates steady momentum, while key support and resistance levels stand at approximately 2288.68 and 2299.45, respectively. No major upcoming events are currently expected to disrupt this trend. 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.