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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 | 1.176860 | +0.38298% |
| GBPUSD | 1.362010 | +0.50696% |
| USDJPY | 156.631000 | -0.1689% |
| XAUUSD | 4709.195000 | +0.46969% |
| USDCAD | 1.369380 | +0.21662% |
| NZDUSD | 0.595480 | +0.29137% |
| USDCHF | 0.777850 | -0.25006% |
| AUDUSD | 0.723880 | +0.43566% |
| EURGBP | 0.864030 | -0.09828% |
| EURJPY | 184.331000 | +0.20276% |
| GBPJPY | 213.338000 | +0.35043% |
| AUDJPY | 113.383000 | +0.30343% |
| CADJPY | 114.377000 | -0.38669% |
| CHFJPY | 201.357000 | +0.085493% |
| NZDJPY | 93.268000 | +0.12238% |
| GBPCHF | 1.059400 | +0.28588% |
| EURCHF | 0.915410 | +0.12359% |
| USDMXN | 17.215000 | -0.50829% |
| USDZAR | 16.413780 | -0.17667% |
| USDTRY | 45.361900 | +0.046536% |
| USDRUB | 74.205600 | -0.59811% |
| USDSEK | 9.226600 | -0.36123% |
| USDCNY | 6.800000 | -0.013234% |
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