GBP/XAF 746.15701

Market Overview

Market Overview The GBP/XAF pair closed at 746.15701, down 0.04% from the previous close of 746.41961, continuing a downtrend consistent with a 30-day decline of 0.34%. The pair remains below its 20-day SMA of 747.54 and 50-day SMA near the same level, with the 200-day SMA not explicitly provided but implied higher, confirming bearish momentum. The RSI is not specified but the trend and under-chart summary indicate weakening buying pressure. Nearest support is at 745.95, with resistance around 749.05. No major upcoming events are noted, though UK inflation data and Eurozone policy remain key factors. Technicals suggest cautious trading within the current downtrend. For information only. Last Updated 12/4/25