{"id":120514,"date":"2025-11-03T11:35:24","date_gmt":"2025-11-03T07:35:24","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=120514"},"modified":"2025-11-03T11:35:29","modified_gmt":"2025-11-03T07:35:29","slug":"pound-maintains-the-bearish-path-3-11-2025","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/pound-maintains-the-bearish-path-3-11-2025\/11\/03\/tech-analysis\/","title":{"rendered":"Pound Maintains the Bearish Path 3\/11\/2025"},"content":{"rendered":"\n<p>Sterling extended its downtrend into last week\u2019s close, meeting the <strong>1.3105<\/strong> target and printing a <strong>1.3097<\/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> Back out of oversold but still sending <strong>negative momentum<\/strong> signals\u2014consistent with bearish control.<\/li>\n\n\n\n<li><strong>SMAs:<\/strong> Price holds <strong>below the simple moving averages<\/strong>, which continue to act as dynamic resistance.<\/li>\n\n\n\n<li><strong>Structure:<\/strong> Ongoing stability <strong>below 1.3175<\/strong> reinforces the downside bias.<\/li>\n<\/ul>\n\n\n\n<p><strong>Base case (bearish while below 1.3175)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A drift toward <strong>1.3100<\/strong> support is likely.<\/li>\n\n\n\n<li>A <strong>decisive break\/4H close below 1.3100<\/strong> would open <strong>1.3065<\/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 <strong>confirmed 1H close above 1.3175<\/strong> would neutralize immediate downside pressure and allow a corrective push toward <strong>1.3210<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p><strong>Risk note<\/strong><br>Volatility remains elevated amid trade and geopolitical headlines. Consider prudent sizing and hard stops; reassess quickly if the key levels give way.<\/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: 1.3175<\/strong><\/td><\/tr><tr><td><strong>S2:\u00a01.3065<\/strong><\/td><td><strong>R2: 1.3210<\/strong><\/td><\/tr><tr><td><strong>S3: 1.3030<\/strong><\/td><td><strong>R3:\u00a01.3245<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Sterling extended its downtrend into last week\u2019s close, meeting the 1.3105 target and printing a 1.3097 low. Technical outlook RSI: Back out of oversold but still sending negative momentum signals\u2014consistent with bearish control. SMAs: Price holds below the simple moving averages, which continue to act as dynamic resistance. Structure: Ongoing stability below 1.3175 reinforces the &hellip;<\/p>\n","protected":false},"author":9,"featured_media":120530,"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-120514","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\/120514","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=120514"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120514\/revisions"}],"predecessor-version":[{"id":120531,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/120514\/revisions\/120531"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/120530"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=120514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=120514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=120514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}