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Pound Sterling Price News and Forecast: GBP/USD pinned near 1.2800 as markets head into 2024

GBP/USD pinned near 1.2800 as markets head into 2024

The GBP/USD climbed higher on Wednesday as broad-market risk appetite pushed the US Dollar (USD) into the floorboards, bolstering the Pound Sterling (GBP). The GBP/USD climbed over three-quarters of a percent from Wednesday’s low bids near 1.2700 to pin into the 1.2800 handle heading into the Thursday market session. Read More...

Pound Sterling extends upside despite deepening UK recession fears

The Pound Sterling (GBP) aims for a breakout of volatility contraction amid downbeat US Dollar. The GBP/USD pair remains broadly upbeat as investors hope that the Bank of England (BoE) will start its rate-cut campaign later than the Federal Reserve (Fed) as inflationary pressures in the United States are in a clear downtrend. Read More...
 

GBP/USD moves sideways near 1.2720 with a positive bias amid stable US Dollar

GBP/USD hovers around 1.2720 during the Asian session on Wednesday. The US Dollar (USD) encounters downward pressure against Pound Sterling (GBP) as growing speculations of potential easing by the US Federal Reserve (Fed). Read More...

GBP/USD

Overview
Today last price 1.2797
Today Daily Change 0.0071
Today Daily Change % 0.56
Today daily open 1.2726
 
Trends
Daily SMA20 1.2648
Daily SMA50 1.2453
Daily SMA100 1.2447
Daily SMA200 1.2522
 
Levels
Previous Daily High 1.273
Previous Daily Low 1.2685
Previous Weekly High 1.2762
Previous Weekly Low 1.2612
Previous Monthly High 1.2733
Previous Monthly Low 1.2096
Daily Fibonacci 38.2% 1.2713
Daily Fibonacci 61.8% 1.2702
Daily Pivot Point S1 1.2697
Daily Pivot Point S2 1.2668
Daily Pivot Point S3 1.2651
Daily Pivot Point R1 1.2743
Daily Pivot Point R2 1.276
Daily Pivot Point R3 1.2789

 

 

 

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