{"id":119414,"date":"2025-10-01T10:14:02","date_gmt":"2025-10-01T06:14:02","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=119414"},"modified":"2025-10-01T10:14:05","modified_gmt":"2025-10-01T06:14:05","slug":"pound-faces-strong-resistance-1-10-2025","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/pound-faces-strong-resistance-1-10-2025\/10\/01\/tech-analysis\/","title":{"rendered":"Pound Faces Strong Resistance 1\/10\/2025"},"content":{"rendered":"\n<p>The pair is trading with a slightly positive intraday bias but remains capped below the key resistance level of <strong>1.3480<\/strong>, keeping the overall pressure tilted to the downside.<\/p>\n\n\n\n<p><strong>Technical Outlook:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>RSI:<\/strong> Showing early negative signs after entering overbought territory, hinting at potential negative divergence and weakening upside momentum.<\/li>\n\n\n\n<li><strong>50-period SMA:<\/strong> Acting as dynamic resistance from above, limiting the pair\u2019s ability to extend its recovery.<\/li>\n<\/ul>\n\n\n\n<p><strong>Probable Scenario:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Bearish Case:<\/strong> Stability below <strong>1.3480<\/strong> keeps the downside bias intact, with a break of <strong>1.3430<\/strong> likely to extend losses toward <strong>1.3390<\/strong>.<\/li>\n\n\n\n<li><strong>Bullish Case:<\/strong> A decisive break above <strong>1.3480<\/strong> could restore buying momentum, targeting the next resistance at <strong>1.3530<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p><strong>Risk Warning:<\/strong> Today\u2019s session carries high volatility risk with the release of <strong>US ADP Nonfarm Employment Change<\/strong> and <strong>ISM Manufacturing PMI<\/strong> data. All scenarios remain possible amid ongoing trade and geopolitical tensions.<\/p>\n\n\n\n<p>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.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>S1: 1.3430<\/strong><\/td><td><strong>R1: 1.3485<\/strong><\/td><\/tr><tr><td><strong>S2:\u00a01.3390<\/strong><\/td><td><strong>R2: 1.3505<\/strong><\/td><\/tr><tr><td><strong>S3: 1.3365<\/strong><\/td><td><strong>R3:\u00a01.3535<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The pair is trading with a slightly positive intraday bias but remains capped below the key resistance level of 1.3480, keeping the overall pressure tilted to the downside. Technical Outlook: RSI: Showing early negative signs after entering overbought territory, hinting at potential negative divergence and weakening upside momentum. 50-period SMA: Acting as dynamic resistance from &hellip;<\/p>\n","protected":false},"author":9,"featured_media":119426,"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-119414","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\/119414","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\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=119414"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119414\/revisions"}],"predecessor-version":[{"id":119427,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119414\/revisions\/119427"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/119426"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=119414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=119414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=119414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}