{"id":120466,"date":"2025-10-31T11:34:56","date_gmt":"2025-10-31T07:34:56","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=120466"},"modified":"2025-10-31T11:34:58","modified_gmt":"2025-10-31T07:34:58","slug":"pound-loses-ground-against-the-dollar-31-10-2025","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/pound-loses-ground-against-the-dollar-31-10-2025\/10\/31\/tech-analysis\/","title":{"rendered":"Pound Loses Ground Against the Dollar 31\/10\/2025"},"content":{"rendered":"\n<p>The pair logged heavy losses in the prior session, printing a <strong>1.3117<\/strong> low.<\/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> Remains negative in the short term despite oversold readings\u2014consistent with downside risk.<\/li>\n\n\n\n<li><strong>SMAs:<\/strong> Price holds below the simple moving averages, which continue to act as dynamic resistance.<\/li>\n\n\n\n<li><strong>Structure:<\/strong> Stability <strong>below 1.3210<\/strong> keeps the bearish bias intact.<\/li>\n<\/ul>\n\n\n\n<p><strong>Base case (bearish while below 1.3210)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A drift toward <strong>1.3105<\/strong> (first support) is favored.<\/li>\n\n\n\n<li>A decisive <strong>4H close below 1.3105<\/strong> would open <strong>1.3060<\/strong> next.<\/li>\n<\/ul>\n\n\n\n<p><strong>Invalidation \/ upside toggle<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A confirmed <strong>4H close above 1.3210<\/strong> would neutralize immediate downside pressure and allow a corrective rise toward <strong>1.3265<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p><strong>Risk note<\/strong><br>Volatility is elevated amid trade and geopolitical tensions. Manage position size and use hard stops; reassess quickly if the key levels break.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/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: 1.3105<\/strong><\/td><td><strong>R1: 1.3210<\/strong><\/td><\/tr><tr><td><strong>S2:\u00a01.3060<\/strong><\/td><td><strong>R2: 1.3265<\/strong><\/td><\/tr><tr><td><strong>S3: 1.3000<\/strong><\/td><td><strong>R3:\u00a01.3310<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The pair logged heavy losses in the prior session, printing a 1.3117 low. Technical outlook RSI: Remains negative in the short term despite oversold readings\u2014consistent with downside risk. SMAs: Price holds below the simple moving averages, which continue to act as dynamic resistance. Structure: Stability below 1.3210 keeps the bearish bias intact. Base case (bearish &hellip;<\/p>\n","protected":false},"author":9,"featured_media":120475,"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-120466","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\/120466","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=120466"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120466\/revisions"}],"predecessor-version":[{"id":120476,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120466\/revisions\/120476"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/120475"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=120466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=120466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=120466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}