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FX.co ★ GBP/USD. Indicator Analysis on August 12, 2025

GBP/USD. Indicator Analysis on August 12, 2025

Trend Analysis (Fig. 1).

On Tuesday, from the level of 1.3428 (yesterday's daily close), the market may continue moving downward toward 1.3364 – the 50% retracement level (red dashed line). Upon testing this level, the price may start moving upward toward 1.3382 – the 23.6% retracement level (yellow dashed line).

GBP/USD. Indicator Analysis on August 12, 2025

Fig. 1 (Daily Chart).

Comprehensive Analysis:

  • Indicator analysis – down;
  • Volume – down;
  • Candlestick analysis – down;
  • Trend analysis – down;
  • Bollinger Bands – down;
  • Weekly chart – down.

Overall conclusion: Downward trend.

Alternative scenario: From the level of 1.3428 (yesterday's daily close), the price may continue moving downward toward 1.3382 – the 23.6% retracement level (yellow dashed line). Upon testing this level, the price may start moving upward toward 1.3485 – the historical resistance level (blue dashed line).

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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