GBP/TRY 56.19027

Market Overview

Market Overview The GBP/TRY pair closed at 56.19027 on December 1, 2025, reflecting a slight decline of 0.00%2 from the previous close and continuing a downtrend evident over the past 30 days with a return of -0.10%. The price remains below the 20-day SMA of 56.2449 and the 5-day SMA of 56.2166, indicating persistent bearish momentum. The 200-day moving average is not provided, but the RSI and nearest support at 56.14705 and resistance at 56.31804 suggest limited upward pressure. Upcoming UK inflation data and Turkish central bank announcements may influence near-term price action. Technical indicators confirm the downtrend with the price below key moving averages and an RSI consistent with subdued momentum. For information only. Last Updated 12/4/25