Pound Sterling Price News and Forecast: GBP/USD buyers refuse to give up as focus shifts to Powell [Video]
|GBP/USD forex analysis: Retest and failure at 1.2100 level? [Video]
Price failed at the 1.2100 level during Monday’s trading. 1.2100-08 the Figure and the 79% fib retracement level. Over the next 24 to 48 hours watching for price to retest and fail at this intraday resistance level for a long term decline back down the range. Read more...
GBP/USD Forecast: Buyers refuse to give up as focus shifts to Powell
GBP/USD has regained its traction and climbed to the 1.2000 area early Wednesday after having declined toward 1.1950 earlier in the day. The pair's next directional movement could be driven by the market reaction to FOMC Chairman Jerome Powell's remarks on the policy outlook later in the day. Read more...
GBP/USD refreshes daily top, retakes 1.2000 mark amid modest USD weakness
The GBP/USD pair attracts some buying on Tuesday and maintains its bid tone through the first half of the European session. The pair is currently placed near the daily peak, with bulls now looking to build on the momentum beyond the 1.2000 psychological mark. Read more...
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.