GBP/USD Exhibits Increasing Signs of Weakness – Market Analysis (03 November 2025)

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The GBP/USD pair posted a slight decline in its latest intraday trading, following a correction from previously oversold conditions reflected on the relative strength indicators. The pair has now reached an exaggerated overbought area relative to its recent price movement, signaling a loss of bullish momentum that had briefly supported price stability. This comes amid the continued dominance of the primary bearish trend on the short-term chart, with the pair still moving along the descending trendline that reinforces this downside outlook.

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