{"id":117892,"date":"2025-08-20T10:54:12","date_gmt":"2025-08-20T06:54:12","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=117892"},"modified":"2025-08-20T11:19:26","modified_gmt":"2025-08-20T07:19:26","slug":"pound-sterling-faces-strong-pressure-from-the-usd","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/pound-sterling-faces-strong-pressure-from-the-usd\/08\/20\/tech-analysis\/","title":{"rendered":"Pound Sterling Faces Strong Pressure from the USD 20\/08\/2025"},"content":{"rendered":"\n

The GBP\/USD pair recorded significant declines during the previous trading session, hitting its lowest level at 1.3462<\/strong>.<\/h3>\n\n\n\n

Technical Outlook – 4-Hour Timeframe<\/h3>\n\n\n\n

The pair’s stability below the Simple Moving Average (SMA)<\/strong>, which coincides with the previously broken support area now acting as a resistance level at 1.3510<\/strong>, reinforces this level’s strength as resistance. Additionally, the pair previously broke a rising trendline, as shown on the chart.<\/p>\n\n\n\n

Probable Scenario<\/strong><\/h3>\n\n\n\n

Bullish Scenario: <\/strong>As long as the price remains below the 1.3515<\/strong> resistance, the bearish trend is the most likely scenario. We are targeting 1.3445<\/strong> as the first support area, followed by 1.3400<\/strong> as the next support area.<\/p>\n\n\n\n

Bearish Scenario: <\/strong>A confirmed breakout above 1.3515<\/strong> with an hourly candle close above it could reverse the bearish trend, paving the way for an initial retest of 1.3560<\/strong>.<\/p>\n\n\n\n

Fundamental Note:<\/strong><\/p>\n\n\n\n

High-Impact Data:<\/strong> Today, we are awaiting high-impact economic data from the U.S. economy: the Federal Reserve’s FOMC Meeting Minutes<\/strong>. This data could cause strong price volatility upon its release.<\/strong><\/p>\n\n\n\n

Warning<\/strong><\/p>\n\n\n\n

The risk level is high amid ongoing trade and geopolitical tensions, and all scenarios could be possible.<\/p>\n\n\n\n

Disclaimer<\/strong><\/p>\n\n\n\n

Trading in CFDs involves risks, and therefore all scenarios are subject to potential outcomes. The analysis provided above is not a recommendation to buy or sell but rather an illustrative reading of price action on the chart.<\/p>\n\n\n\n

S1: 1.3445 <\/strong><\/td>R1: 1.3515<\/strong><\/td><\/tr>
S2: 1.3400<\/strong><\/strong><\/td>R2: 1.3560<\/strong><\/strong><\/td><\/tr>
S3: 1.3370<\/strong><\/td>R3: 1.3590<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"

The GBP\/USD pair recorded significant declines during the previous trading session, hitting its lowest level at 1.3462. Technical Outlook – 4-Hour Timeframe The pair’s stability below the Simple Moving Average (SMA), which coincides with the previously broken support area now acting as a resistance level at 1.3510, reinforces this level’s strength as resistance. Additionally, the …<\/p>\n","protected":false},"author":13,"featured_media":117900,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[42,41],"tags":[7770,7046],"class_list":["post-117892","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-tech-analysis","category-tech-analysis","tag-fomc-minutes","tag-sterling"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/117892","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=117892"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/117892\/revisions"}],"predecessor-version":[{"id":117915,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/117892\/revisions\/117915"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/117900"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=117892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=117892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=117892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}