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Trading Recommendations and Analysis for GBP/USD on December 29. Pound on Holiday
Analysis of GBP/USD on 5-Minute Chart
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29.12.2025 04:55 AM
Analysis of GBP/USD on 5-Minute Chart The GBP/USD pair traded with minimal volatility on Friday. This is not surprising, as Christmas and New Year celebrations are ongoing worldwide. With more holidays, traders had less motivation to open positions, and there was no macroeconomic or fundamental backdrop. Thus, trading activity will likely shift to next week. Technical analysis remained unchanged, and there were no news events to analyze.On the hourly timeframe, a new ascending trend is still evident,
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