{"id":120150,"date":"2025-10-21T09:46:00","date_gmt":"2025-10-21T05:46:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=120150"},"modified":"2025-10-21T09:46:03","modified_gmt":"2025-10-21T05:46:03","slug":"pound-begins-pressuring-support-21-10-2025","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/pound-begins-pressuring-support-21-10-2025\/10\/21\/tech-analysis\/","title":{"rendered":"Pound Begins Pressuring Support 21\/10\/2025"},"content":{"rendered":"\n<p>GBP\/USD remains under <strong>bearish control<\/strong> after slipping through the <strong>1.3400<\/strong> pivot, trading near <strong>1.3387<\/strong> at the time of writing as sellers press the downside.<\/p>\n\n\n\n<p><strong>Technical:<\/strong><br>The <strong>RSI<\/strong> has turned lower, confirming firm negative momentum on the 4-hour chart. Intraday <strong>stability below 1.3400<\/strong> keeps the pressure skewed to the downside and limits rebound attempts.<\/p>\n\n\n\n<p><strong>Base case (downside continuation):<\/strong><br>Bias stays lower while sub-<strong>1.3400<\/strong>. Price has scope to <strong>test 1.3360<\/strong> (initial support); a <strong>break below 1.3360<\/strong> would likely <strong>open 1.3330<\/strong> next. <em>(Correcting directionality from prior phrasing: continuation requires a break <strong>below<\/strong> support.)<\/em><\/p>\n\n\n\n<p><strong>Alternative (tactical rebound):<\/strong><br>An <strong>hourly close above 1.3420<\/strong> would temper the immediate bearish tone and could <strong>reopen 1.3475<\/strong> on follow-through buying.<\/p>\n\n\n\n<p><strong>Risk:<\/strong><br>Headline\/geopolitical flows can trigger sharp two-way moves and an unfavorable risk-reward for some traders. Use disciplined sizing and clear invalidation levels.<\/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: 1.3360<\/strong><\/td><td><strong>R1: 1.3420<\/strong><\/td><\/tr><tr><td><strong>S2:\u00a01.3330<\/strong><\/td><td><strong>R2: 1.3475<\/strong><\/td><\/tr><tr><td><strong>S3: 1.3310<\/strong><\/td><td><strong>R3:\u00a01.3505<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>GBP\/USD remains under bearish control after slipping through the 1.3400 pivot, trading near 1.3387 at the time of writing as sellers press the downside. Technical:The RSI has turned lower, confirming firm negative momentum on the 4-hour chart. Intraday stability below 1.3400 keeps the pressure skewed to the downside and limits rebound attempts. Base case (downside &hellip;<\/p>\n","protected":false},"author":9,"featured_media":120158,"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-120150","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\/120150","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=120150"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120150\/revisions"}],"predecessor-version":[{"id":120159,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120150\/revisions\/120159"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/120158"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=120150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=120150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=120150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}