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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 | 1.172650 | +0.43509% |
| GBPUSD | 1.357780 | +0.7614% |
| USDJPY | 156.665000 | -2.27738% |
| XAUUSD | 4618.855000 | +1.65371% |
| USDCAD | 1.361310 | -0.51449% |
| NZDUSD | 0.588940 | +1.08823% |
| USDCHF | 0.782440 | -0.95445% |
| AUDUSD | 0.718180 | +0.92893% |
| EURGBP | 0.863610 | -0.28634% |
| EURJPY | 183.723000 | -1.85685% |
| GBPJPY | 212.706000 | -1.51634% |
| AUDJPY | 112.503000 | -1.34258% |
| CADJPY | 115.103000 | -1.76913% |
| CHFJPY | 200.234000 | -1.22389% |
| NZDJPY | 92.267000 | -1.30711% |
| GBPCHF | 1.062360 | -0.21322% |
| EURCHF | 0.917520 | -0.58941% |
| USDMXN | 17.499450 | -0.20706% |
| USDZAR | 16.708700 | -0.64695% |
| USDTRY | 45.183300 | +0.31081% |
| USDRUB | 74.950600 | -0.11914% |
| USDSEK | 9.244900 | -0.61673% |
| USDCNY | 6.827300 | -0.14188% |
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