GBP/USD. Technical Analysis on October 10, 2025

Trend Analysis (Fig. 1).

On Friday, from the level of 1.3300 (yesterday's daily candle close), the market may continue to move downward toward the target of 1.3232 – a historical support level (blue dotted line). When testing this level, a pullback upward is possible with a target of 1.3278 – the 76.4% retracement level (yellow dotted line).

Fig. 1 (daily chart).

Comprehensive Analysis:

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

General conclusion: downward trend.

Alternative scenario: From the level of 1.3300 (yesterday's daily candle close), the price may continue to move downward toward the target of 1.3226 – the 85.4% retracement level (yellow dotted line). When testing this level, a pullback upward is possible with a target of 1.3278 – the 76.4% retracement level (yellow dotted line).

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