{"id":121071,"date":"2025-11-21T11:38:01","date_gmt":"2025-11-21T07:38:01","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=121071"},"modified":"2025-11-21T11:59:34","modified_gmt":"2025-11-21T07:59:34","slug":"pound-maintains-its-downward-trajectory-21-11-2025","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/pound-maintains-its-downward-trajectory-21-11-2025\/11\/21\/tech-analysis\/","title":{"rendered":"Pound Maintains its Downward Trajectory 21\/11\/2025"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>The outlook is unchanged: the pair remains in a <strong>gradual downtrend<\/strong>.<\/p>\n\n\n\n<p><strong>Technical outlook<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>SMAs:<\/strong> Sitting overhead as <strong>dynamic resistance<\/strong>, dampening rebound attempts.<\/li>\n\n\n\n<li><strong>RSI \/ structure:<\/strong> Momentum stays <strong>negative<\/strong> with a <strong>bearish pattern<\/strong> reinforcing the daily downtrend.<\/li>\n<\/ul>\n\n\n\n<p><strong>Base case (bearish continuation)<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A <strong>decisive break\/4H close below 1.3040<\/strong> would likely press toward <strong>1.3000<\/strong>; follow-through exposes <strong>1.2970<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p><strong>Invalidation \/ recovery path<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A <strong>confirmed 1H close above 1.3130<\/strong> would ease immediate downside pressure and allow a bounce toward <strong>1.3170<\/strong>, then <strong>1.3200<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p><strong>Event risk<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>High-impact releases today: <strong>UK Retail Sales<\/strong>, <strong>prelim Manufacturing &amp; Services PMIs<\/strong> for the <strong>UK, Eurozone, and US<\/strong>. Expect elevated volatility around the prints.<\/li>\n<\/ul>\n\n\n\n<p><strong>Risk note<\/strong><br>Volatility is elevated. Use prudent sizing and firm stops; reassess quickly if trigger 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: 1.3045<\/strong><\/td><td><strong>R1: 1.3130<\/strong><\/td><\/tr><tr><td><strong>S2:\u00a01.3000<\/strong><\/td><td><strong>R2: 1.3170<\/strong><\/td><\/tr><tr><td><strong>S3: 1.2960<\/strong><\/td><td><strong>R3:\u00a01.3220<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The outlook is unchanged: the pair remains in a gradual downtrend. Technical outlook SMAs: Sitting overhead as dynamic resistance, dampening rebound attempts. RSI \/ structure: Momentum stays negative with a bearish pattern reinforcing the daily downtrend. Base case (bearish continuation) A decisive break\/4H close below 1.3040 would likely press toward 1.3000; follow-through exposes 1.2970. Invalidation &hellip;<\/p>\n","protected":false},"author":9,"featured_media":121092,"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-121071","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\/121071","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=121071"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121071\/revisions"}],"predecessor-version":[{"id":121085,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121071\/revisions\/121085"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/121092"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=121071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=121071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=121071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}