{"id":120355,"date":"2025-10-28T10:30:00","date_gmt":"2025-10-28T06:30:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=120355"},"modified":"2025-10-28T10:12:58","modified_gmt":"2025-10-28T06:12:58","slug":"pound-hovers-around-resistance-28-10-2025","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/pound-hovers-around-resistance-28-10-2025\/10\/28\/tech-analysis\/","title":{"rendered":"Pound Hovers Around Resistance 28\/10\/2025"},"content":{"rendered":"\n<p>Cable staged a strong early-week rebound after defending <strong>1.3300<\/strong>. However, momentum is stalling beneath nearby resistance.<\/p>\n\n\n\n<p><strong>Technical picture<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>RSI (H4)<\/strong> is edging into overbought territory and rolling over, a cautionary sign of waning upside momentum.<\/li>\n\n\n\n<li>Price action remains capped <strong>below 1.3380\u20131.3390<\/strong>, tempering the rebound and keeping risk of a pullback in play.<\/li>\n<\/ul>\n\n\n\n<p><strong>Base case (bearish tilt)<\/strong><br>While <strong>1.3380<\/strong> holds, the intraday bias favors a drift lower to <strong>1.3325<\/strong> (initial support).<br>A <strong>decisive break below 1.3325<\/strong> would likely extend losses toward <strong>1.3280<\/strong>.<\/p>\n\n\n\n<p><strong>Alternative case (bullish resumption)<\/strong><br>An <strong>hourly close above 1.3390<\/strong> would invalidate the near-term bearish setup and re-open the topside toward <strong>1.3420<\/strong>, then <strong>1.3450<\/strong>.<\/p>\n\n\n\n<p><strong>Key levels<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Support:<\/strong> 1.3325, 1.3300, 1.3280<\/li>\n\n\n\n<li><strong>Resistance:<\/strong> 1.3380, 1.3390, 1.3420, 1.3450<\/li>\n<\/ul>\n\n\n\n<p><strong>Risk note<\/strong><br>Market conditions remain headline-sensitive; volatility can be elevated. This analysis is for information only and is not investment advice.<\/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: 1.3325<\/strong><\/td><td><strong>R1: 1.3390<\/strong><\/td><\/tr><tr><td><strong>S2:\u00a01.3280<\/strong><\/td><td><strong>R2: 1.3415<\/strong><\/td><\/tr><tr><td><strong>S3: 1.3255<\/strong><\/td><td><strong>R3:\u00a01.3455<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Cable staged a strong early-week rebound after defending 1.3300. However, momentum is stalling beneath nearby resistance. Technical picture RSI (H4) is edging into overbought territory and rolling over, a cautionary sign of waning upside momentum. Price action remains capped below 1.3380\u20131.3390, tempering the rebound and keeping risk of a pullback in play. Base case (bearish &hellip;<\/p>\n","protected":false},"author":9,"featured_media":120366,"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-120355","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\/120355","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=120355"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120355\/revisions"}],"predecessor-version":[{"id":120367,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120355\/revisions\/120367"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/120366"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=120355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=120355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=120355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}