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Market Overview
The USD/GEL pair closed at 2.69823, reflecting a marginal increase of 0.01% from the previous close, yet maintaining a downtrend consistent with the 30-day return of -1.22%. The exchange rate has fluctuated between 2.69538 and 2.69959 over the past month. Near-term price action may be influenced by upcoming US economic data and regional geopolitical developments. Technical indicators show the 20-day moving average at 2.69822, the 50-day at 2.69822, and the 200-day near the same level, with an RSI indicating neutral momentum. Key support is identified at 2.6950 and resistance at 2.7000. 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.