Pound Begins a Gradual Decline 22/10/2025

GBP/USD has been range-to-lower, fulfilling the 1.3360 target within the anticipated bearish trajectory.

Technical:
RSI continues to emit short-term negative signals. Intraday price action remains below the 1.3400 psychological barrier, keeping topside attempts constrained and preserving downside pressure.

Base case (downside continuation):
Bias stays lower while below 1.3400. A decisive break below 1.3360 would likely extend losses toward 1.3330.

Alternative (tactical rebound):
An hourly close above 1.3420 would temper the bearish tone and could reopen 1.3475 on follow-through buying.

Risk:
Headline/geopolitical flows can trigger sharp two-way moves. Use disciplined sizing and clear invalidation levels; conditions may not suit all risk profiles.

Trading CFDs involves risks, and therefore all scenarios may be plausible. The information provided above is not a recommendation to sell or buy but rather an explanatory reading of price movement on the chart.

S1: 1.3360	R1: 1.3420
S2: 1.3330	R2: 1.3470
S3: 1.3300	R3: 1.3505