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Pound Sterling Price News and Forecast: GBP/USD gains traction and reclaimed 1.2000

GBP/USD gains traction and reclaimed 1.2000 as the GBP prepares for weekly losses

The GBP/USD is staging a recovery after diving to fresh February lows around 1.1914 in the mid-North American session, bolstered by overall US Dollar (USD) weakness. Nevertheless, it remains trading below the important 200-day Exponential Moving Average (EMA) at 1.2132, keeping the downtrend intact. At the time of writing, the GBP/USD is exchanging hands above the 1.2020 figure, above its opening price by 0.30%. Read More...

GBP/USD slides below 200 DMA support, seems vulnerable near its lowest level since January

The GBP/USD pair remains under heavy selling pressure for the third straight day on Friday and drops to its lowest level since January 6 during the first half of the European session. Read More...
 

GBP/USD risks a probable drop to 1.1900 – UOB

In the opinion of UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang, GBP/USD could extend the decline to the 1.1900 region in the next weeks. Read More...

GBP/USD

Overview
Today last price 1.203
Today Daily Change 0.0038
Today Daily Change % 0.32
Today daily open 1.1992
 
Trends
Daily SMA20 1.2214
Daily SMA50 1.2178
Daily SMA100 1.1894
Daily SMA200 1.1941
 
Levels
Previous Daily High 1.2074
Previous Daily Low 1.1966
Previous Weekly High 1.2194
Previous Weekly Low 1.1961
Previous Monthly High 1.2448
Previous Monthly Low 1.1841
Daily Fibonacci 38.2% 1.2007
Daily Fibonacci 61.8% 1.2033
Daily Pivot Point S1 1.1947
Daily Pivot Point S2 1.1902
Daily Pivot Point S3 1.1839
Daily Pivot Point R1 1.2056
Daily Pivot Point R2 1.212
Daily Pivot Point R3 1.2165

 

 

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