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British Pound Short-term Outlook: GBP/USD Rally at Risk as Sterling Tests Support
The British Pound is on the back foot after last week's advance, with GBP/USD now testing initial support at the 38.2% retracement of the late-November rally. While the broader structure remains technically constructive, the reaction here will be essential in determining whether the November advance can hold or if a deeper pullback takes shape into the monthly open.
Date:
02.12.2025 |
Source:
forex.com
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Quotes
| Instrument | Price | Change (%) |
|---|---|---|
| EURUSD | 1.169210 | +0.017964% |
| GBPUSD | 1.339990 | -0.035808% |
| USDJPY | 157.261000 | -0.071169% |
| XAUUSD | 5365.060000 | +0.81033% |
| USDCAD | 1.366680 | -0.043883% |
| NZDUSD | 0.594540 | +0.15329% |
| USDCHF | 0.780170 | +0.19264% |
| AUDUSD | 0.711070 | +0.26792% |
| EURGBP | 0.872480 | +0.074556% |
| EURJPY | 183.866000 | -0.026099% |
| GBPJPY | 210.732000 | -0.064021% |
| AUDJPY | 111.828000 | +0.11011% |
| CADJPY | 115.065000 | +0.021732% |
| CHFJPY | 201.558000 | -0.22869% |
| NZDJPY | 93.495000 | -0.004278% |
| GBPCHF | 1.045400 | +0.17824% |
| EURCHF | 0.912190 | +0.19111% |
| USDMXN | 17.306910 | +0.085819% |
| USDZAR | 16.091900 | +0.00435% |
| USDTRY | 43.952400 | -0.02684% |
| USDRUB | 77.460200 | -0.013295% |
| USDSEK | 9.160020 | +0.05494% |
| USDCNY | 6.881600 | +0% |
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