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21.10.2025 09:59 AM
GBP/USD. Technical Analysis on October 21, 2025
ট্রেডিং অ্যাকাউন্ট খুলুন ডেমো অ্যাকাউন্ট খুলুন
অর্থ জমা
অর্থ উত্তোলন
Trend Analysis (Fig. 1)On Tuesday, the market, from the 1.3400 level (yesterday's daily candle close), may continue moving downward toward 1.3332 – the lower fractal (red dashed line). Upon testing this level, the price may possibly start moving upward toward 1.3363 – the 61.8% retracement level (yellow dashed line).

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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 1.3400 level (yesterday's daily candle close), the price may start moving downward toward 1.3363 – the 61.8% retracement level (yellow dashed line). Upon testing this line, the price may possibly start moving upward toward 1.3381 – the 14.6% retracement level (blue dashed line).

Stefan Doll,
Analytical expert of InstaTrade
© 2007-2025

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