GBP/USD. Technical Analysis on October 28, 2025

Trend Analysis (Fig. 1).On Tuesday, the market, starting from the level of 1.3333 (yesterday's daily candle close), may continue moving upward toward the target of 1.3389 — the 85.4% retracement level (red dashed line). Upon testing this level, the price may begin moving downward toward 1.3363 — the 61.8% retracement level (yellow dashed line).

Fig. 1 (Daily Chart).

Comprehensive Analysis:

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

Overall conclusion: Upward trend.

Alternative scenario:From the level of 1.3333 (yesterday's daily candle close), the price may continue moving upward toward 1.3405 — the historical resistance level (blue dashed line). Upon testing this level, the price may begin moving downward toward 1.3389 — the 85.4% retracement level (red dashed line).

The material has been provided by - RobotFX.Org