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Market Overview
The GBP/USD pair closed at 1.32297 on December 1, 2025, reflecting a marginal increase of 0.02% from the previous close, yet maintaining a downtrend as indicated by a 30-day return decline of 0.09%. Price action remains confined between recent support at 1.32064 and resistance near 1.32483. Upcoming UK GDP data and US employment reports may influence near-term volatility. Technical indicators show the 20-day SMA at 1.32283, 50-day and 200-day SMAs are not provided, and the RSI is not specified. The pair is consolidating near the 20-day SMA with support at 1.3206 and resistance at 1.3248. 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.