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Market Overview
The GBP/NIO pair closed at 48.67606 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 0.12%. The price remains near the 20-day moving average of 48.67, supported by the 5-day SMA at 48.70 and above the 50-day SMA, indicating sustained bullish momentum. The RSI suggests moderate strength, while key support levels are identified at 48.50 and 48.60, with resistance near 48.79. No major economic events are scheduled imminently, but UK inflation data and Nicaraguan trade reports may influence future 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.