GBP/USD Forex Signal: Double-Top Pattern Points to More Downside – 04 November 2025
The GBP/USD pair remains under pressure after forming a double-top pattern, with technicals pointing to a potential drop toward the 1.2580 target.

The GBP/USD pair remains under pressure after forming a double-top pattern, with technicals pointing to a potential drop toward the 1.2580 target.
Bitcoin crashes below $106K, triggering a head and shoulders breakdown and death cross, with downside targets near $100K if momentum continues.
The EUR/USD pair extends its decline, breaking key support as the US dollar rally accelerates, with sellers now targeting the 1.1400 level.
EUR/USD tested 1.1500 early Tuesday but managed to stabilize above this level. Despite the latest recovery attempt, the pair’s technical outlook suggests that the bearish bias remains unchanged in the near term.
EUR/USD is keeping its bearish tone at the start of the week, edging dangerously close to the key 1.1500 support area, also a three-month low, as spot logs a fourth straight day of losses.
The Australian Dollar (AUD) kicked off the new week on the back foot, extending its recent slide. AUD/USD looks increasingly likely to test that key 0.6500 support area soon if the current downtrend keeps running.