Pound Sterling Price News and Forecast: GBP/USD Price Analysis: Bulls move in and eye 1.2500

GBP/USD Price Analysis: Bulls move in and eye 1.2500

As per the prior day´s analysisGBP/USD Price Analysis: Bulls meet key resistance, bears lurking, whereby the price was anticipated to continue forming the right-hand shoulder of the head and shoulders, we have seen just that. Read More...

GBP/USD bounces off daily low, lacks follow-through; remains below 50-day SMA

The GBP/USD pair attracts some dip-buying near the 1.2350-1.2345 area on Wednesday and climbs to the top end of its daily trading range during the early North American session. The pair is currently placed around the 1.2400 mark, below the 50-day Simple Moving Average (SMA) hurdle tested the previous day. Read More...
 

GBP/USD is seen trading between 1.2330 and 1.2505 – UOB

GBP/USD has likely moved into a consolidative phase according to Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group. 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.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.