GBP/NGN 1936.36119

Market Overview

Market Overview The GBP/NGN pair closed at 1915.63 on November 29, 2025, reflecting a slight decline of 0.07% from the previous close, yet maintaining an overall uptrend with a 30-day return of 0.31%. The exchange rate has traded within a narrow range between 1906.99 and 1918.24, indicating relative stability. No major economic events are scheduled imminently, but market participants remain attentive to UK economic data and Nigerian oil price fluctuations. Technically, the 20-day, 50-day, and 200-day moving averages stand at 1914.62, with the RSI indicating moderate momentum. Nearest support is around 1907, while resistance is near 1918. For information only. Last Updated 12/4/25