FX.co ★ GBP/USD. Technical Analysis on October 13, 2025

Trend Analysis (Fig. 1)

On Monday, from the level of 1.3355 (the closing price of Friday's daily candle), the market may begin moving downward toward 1.3293 — the historical support level (light blue dashed line). When testing this level, the price may begin to rise toward 1.3323 — the lower fractal (blue dashed line).

Figure 1: Daily Chart

Comprehensive Analysis

• Indicator analysis – downward;
• Fibonacci levels – downward;
• Volumes – downward;
• Candlestick analysis – downward;
• Trend analysis – upward;
• Bollinger Bands – downward;
• Weekly chart – downward.

Overall conclusion: downward trend.

Alternative Scenario

From the level of 1.3355 (closing price of Friday's daily candle), the price may begin moving downward toward 1.3278 — the 76.4% retracement level (yellow dashed line). When testing this level, a corrective upward movement may follow, targeting 1.3293 — the historical resistance level (light blue dashed line).