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18.08.2025 10:57 AM
GBP/USD. Indicator Analysis on August 18, 2025

Trend Analysis (Fig. 1).

On Monday, the market, from the level of 1.3553 (Friday's daily close), may begin a downward move targeting 1.3486 – the 23.6% retracement level (yellow dashed line). Upon testing this level, the price may then turn upward toward 1.3498 – the 8-period EMA (thin blue line).

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Fig. 1 (daily chart).

Comprehensive Analysis:

  • indicator analysis – downward;
  • Fibonacci levels – downward;
  • volumes – downward;
  • candlestick analysis – downward;
  • trend analysis – upward;
  • Bollinger Bands – downward;
  • weekly chart – downward.

General conclusion: bearish trend.

Alternative scenario: From the level of 1.3553 (Friday's daily close), the price may begin a downward move toward 1.3527 – the 14.6% retracement level (yellow dashed line). Upon testing this level, the price may rebound upward.

Stefan Doll,
Analytical expert of InstaForex
© 2007-2025
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