GBP/USD. Technical Analysis on December 12, 2025

[Ben Graham]

Trend Analysis (Fig. 1)

On Friday, from the 1.3383 level (yesterday's daily candle close), the market may continue moving upward with a target of 1.3451 — the 61.8% retracement level (blue dashed line). When this level is tested, a corrective downward move is possible with a target of 1.3437 — the upper fractal (daily candle from December 11, 2025).

Fig. 1 (Daily Chart)

Comprehensive Analysis:

• Indicator analysis – upward
• Fibonacci levels – upward
• Volume – upward
• Candlestick analysis – upward
• Trend analysis – upward
• Bollinger Bands – upward
• Weekly chart – upward

Overall conclusion: upward trend.

Alternative scenario: From the 1.3383 level (yesterday's daily candle close), the price may begin moving downward toward the target of 1.3367 — the 50% retracement level (blue dashed line). When this level is tested, a corrective upward movement is possible with a target of 1.3400 — the historical resistance level (light blue dashed line).

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