NEWS: GBP/USD price is rising 0.4% as fears rise Trump’s planned $2,000 stimulus checks, which could be distributed soon, could increase dollar money supply by more than $300 billion.
Possible Scenarios:
If GBP/USD fails to breach through R1 of 1.31915, our Research Department expects GBP/USD to undergo a short- term downward correction.
If GBP/USD manages to break above its R1 of 1.31915, our Research Department expects GBP/USD to extend its gains to its R2 of 1.32137.
Support and Resistance Levels:
|
GBP/USD |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1.30879 |
1.31101 |
1.31323 |
1.31619 |
1.31915 |
1.32137 |
1.32359 |
Potential Profit or Potential Loss Calculations:
|
10 pips per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €86 |
(+/-) £75.96 |
*1 trading lot is equivalent of 100.000 units
**EUR/USD = 1.16261
***GBP/USD = 1.31610
Calculations for exchange rate used as of Thursday, November 13, 2025, 09:00 GMT