fxs_header_sponsor_anchor

Pound Sterling Price News and Forecast: GBP/USD dips amidst escalating Middle East conflict

GBP/USD dips amidst escalating Middle East conflict, volatile market conditions

GBP/USD registers minimal losses of 0.12% after hitting a daily high of 1.2163 on risk appetite, but news headlines showing an escalation of the Middle East conflict weighed on the major. Therefore, the pair reversed its course trades at 1.2112, as sellers eye a test of 1.2100. Read More...
 

Pound Sterling extends upside as soft US core PCE report cheers market mood

The Pound Sterling (GBP) recovers sharply against the US Dollar as market sentiment improves after a steady US core Personal Consumption Expenditure (PCE) price index report for September. The near-term outlook of the GBP/USD pair remained weak as the United Kingdom economy is facing the wrath of higher interest rates by the Bank of England (BoE) amid stubborn consumer inflation. Read More...
 

GBP/USD: A test of 1.2040 appears in the pipeline – UOB

Further downside in GBP/USD could revisit the 1.2040 zone in the short-term horizon, suggest Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group. Read More...
 

GBP/USD

Overview
Today last price 1.2112
Today Daily Change -0.0017
Today Daily Change % -0.14
Today daily open 1.2129
 
Trends
Daily SMA20 1.2179
Daily SMA50 1.2364
Daily SMA100 1.2575
Daily SMA200 1.2441
 
Levels
Previous Daily High 1.214
Previous Daily Low 1.207
Previous Weekly High 1.222
Previous Weekly Low 1.209
Previous Monthly High 1.2713
Previous Monthly Low 1.2111
Daily Fibonacci 38.2% 1.2113
Daily Fibonacci 61.8% 1.2097
Daily Pivot Point S1 1.2086
Daily Pivot Point S2 1.2043
Daily Pivot Point S3 1.2016
Daily Pivot Point R1 1.2156
Daily Pivot Point R2 1.2183
Daily Pivot Point R3 1.2226

 

 

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.


RELATED CONTENT

Loading ...



Copyright © 2025 FOREXSTREET S.L., All rights reserved.