{"id":119516,"date":"2025-10-03T11:08:30","date_gmt":"2025-10-03T07:08:30","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=119516"},"modified":"2025-10-03T11:08:34","modified_gmt":"2025-10-03T07:08:34","slug":"pound-gives-up-its-gains-3-10-2025","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/pound-gives-up-its-gains-3-10-2025\/10\/03\/tech-analysis\/","title":{"rendered":"Pound Gives Up Its Gains 3\/10\/2025"},"content":{"rendered":"\n<p>The pair extended its bearish trajectory in line with expectations, reaching the first downside target at <strong>1.3430<\/strong> and printing a session low of <strong>1.3401<\/strong>.<\/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> Cleared the oversold zone from the prior session but continues to show weak momentum, reflecting limited buying strength.<\/li>\n\n\n\n<li><strong>50-day SMA:<\/strong> Still acting as dynamic resistance, maintaining pressure on the pair from above.<\/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 (preferred):<\/strong> The <strong>1.3500 psychological resistance<\/strong> remains the pivotal barrier. While trading below it, the downside bias dominates. A break of <strong>1.3390<\/strong> could extend losses toward <strong>1.3340<\/strong>.<\/li>\n\n\n\n<li><strong>Bullish Case (alternative):<\/strong> A decisive break and hold above <strong>1.3500<\/strong> would shift momentum in favor of buyers, opening the way for gains towards <strong>1.3560<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p> <strong>Risk Warning:<\/strong> Volatility is expected with today\u2019s release of <strong>US Nonfarm Payrolls, Unemployment Rate, and Average Hourly Earnings<\/strong>. Sharp moves in both directions are possible.<\/p>\n\n\n\n<p><strong>General Warning:<\/strong> Risk remains high amid 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: 1.3390<\/strong><\/td><td><strong>R1: 1.3500<\/strong><\/td><\/tr><tr><td><strong>S2:\u00a01.3340<\/strong><\/td><td><strong>R2: 1.3560<\/strong><\/td><\/tr><tr><td><strong>S3: 1.3280<\/strong><\/td><td><strong>R3:\u00a01.3605<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The pair extended its bearish trajectory in line with expectations, reaching the first downside target at 1.3430 and printing a session low of 1.3401. Technical Outlook: RSI: Cleared the oversold zone from the prior session but continues to show weak momentum, reflecting limited buying strength. 50-day SMA: Still acting as dynamic resistance, maintaining pressure on &hellip;<\/p>\n","protected":false},"author":9,"featured_media":119526,"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-119516","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\/119516","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=119516"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119516\/revisions"}],"predecessor-version":[{"id":119527,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119516\/revisions\/119527"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/119526"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=119516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=119516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=119516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}