FX.co ★ GBP/USD. Technical Analysis on November 18, 2025

Trend Analysis (Fig. 1).

On Tuesday, the market, from the level of 1.3115 (yesterday's daily candle close), may continue moving downward toward the target of 1.3110 – the 161.8% target level (red dashed line). When testing this level, the price may possibly begin moving upward toward 1.3148 – the historical resistance level (blue dashed line).

Fig. 1 (daily chart).

Comprehensive Analysis:

• indicator analysis – down;
• volumes – down;
• candlestick analysis – down;
• trend analysis – down;
• Bollinger Bands – down;
• weekly chart – down.

Overall conclusion: downward trend.

Alternative scenario: From the level of 1.3115 (yesterday's daily candle close), the price may continue moving downward toward 1.3077 – the 176.4% target level (red dashed line). When testing this level, the price may possibly begin moving upward toward 1.3110 – the 161.8% target level (red dashed line).