FX.co ★ GBP/USD. Technical Analysis on November 11, 2025

Trend Analysis (Fig. 1)

On Tuesday, from the level of 1.3184 (the close of yesterday's daily candle), the market may begin to move downward with a target of 1.3110 – the 161.8% target level (red dashed line). When testing this level, the price may possibly begin to move upward with a target of 1.3148 – the historical resistance level (blue dashed line).

Fig. 1 (Daily Chart)

Comprehensive Analysis:

• Indicator analysis – downward
• Volume – downward
• Candlestick analysis – downward
• Trend analysis – downward
• Bollinger Bands – downward
• Weekly chart – downward

Overall conclusion: downward trend.

Alternative scenario:From the level of 1.3184 (the close of yesterday's daily candle), the price may begin to move downward with a target of 1.3077 – the 176.4% target level (red dashed line). Upon testing this level, the price may possibly begin to move upward toward 1.3110 – the 161.8% target level (red dashed line).