Forex Trading Library

GBP/USD –06.11.2026

Technical Analysis
By Rami Abu-Draa
GBP/USD –06.11.2026
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GBP/USD managed to pass above resistance at 1.3420, which could lead to a further advance inside the daily trading zone.

As long as the market keeps holding daily trades above 1.3400, the advance wave is likely to continue toward 1.3565 and 1.3675.

Below 1.3400 more of a drop is likely, with supports at 1.3270 and 1.3140-60.

SUPPORT RESISTANCE
LEVEL1 1.3400-20 1.3565
LEVEL2 1.3270 1.3675
LEVEL3 1.3140-80 1.3820
Rami Abu-Draa

Head of Technical Analysis at Orbex, Rami Abu Draa
holds a bachelor's degree in Banking, Finance and Economics. A professional trader and mentor with over 10 years of industry experience, Rami is passionate about sharing his knowledge with Orbex clients from basic to advanced concepts of Technical Analysis, Investment psychology and Investment/Trading methodologies. He is able to combine fundamental and technical principles to deliver a unique perspective on the markets that enables Orbex traders to identify high-probability trading opportunities.

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