Pound erases yesterday's gains 📉

During today's session we can observe the completely opposite situation on the pound than yesterday. The British currency is under selling pressure due to further restrictions in the UK. Looking at the H1 chart from a technical point of view, the head and shoulders formation is building up. This structure heralds a trend reversal. A bearish signal would be generated once the price breaks below the neckline, which lies in the vicinity of 1.2780.

GBPUSD H1 interval. Source: xStation5

13 November 2025, 18:54

Daily Summary: Shutdown ends, rate cut fades and risk is off

13 November 2025, 15:06

US OPEN: End of Shutdown but not end of decline

13 November 2025, 07:55

UK GDP shock drop

12 November 2025, 18:41

Daily summary: Markets Show Slight Optimism Despite the U.S. Shutdown

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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Pound erases yesterday's gains 📉

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