The effect of the large negative magnetoresistance in layered ferromagnetic
metal GdI2 has been explained on the basis of the s-f exchange model. Assu
ming the Ornstein-Zernike form of the spin-spin correlation function for th
e two-dimensional case, we calculate the resistivity in the vicinity of the
ferromagnetic transition. The influence of the magnetic field was taken in
to account via the generalized dynamical-scaling approach and molecular-fie
ld approximation. The results are found to be in good agreement with experi
ment.