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Pound Sterling Price News and Forecast: GBP/USD plunges below 1.1900

GBP/USD plunges below 1.1900 on hawkish remarks by Federal Reserve Chair Powell

GBP/USD plunges over 100 pips as the US Federal Reserve (Fed) Chairman Jerome Powell testifies at the US Senate on Tuesday. The US Dollar is rising despite US Treasury bond yields dropping. At the time of writing, the GBP/USD is trading at 1.1854 after hitting a daily high of 1.2065. Read More...

GBP/USD Price Analysis: Slides below 1.2000 amid modest USD strength, ahead of Fed’s Powell

The GBP/USD pair comes under some renewed selling pressure following an early uptick to the 1.2065 area, or a multi-day top touched earlier this Tuesday and extends the downfall through the mid-European session. The pair slides back below the 1.2000 psychological mark in the last hour and is pressured by the emergence of fresh US Dollar buying. Read More...

GBP/USD surrenders modest intraday gains, hangs near daily low ahead of Powell’s testimony

The GBP/USD pair struggles to capitalize on its intraday positive move to a four-day peak and meets with a fresh supply near the 1.2065 region on Tuesday. Spot prices retreat to the lower end of the daily range, around the 1.2020-1.2015 region during the first half of the European session and remain at the mercy of the US Dollar price dynamics. Read More...

GBP/USD

Overview
Today last price 1.1843
Today Daily Change -0.0176
Today Daily Change % -1.46
Today daily open 1.2019
 
Trends
Daily SMA20 1.2047
Daily SMA50 1.214
Daily SMA100 1.1992
Daily SMA200 1.1913
 
Levels
Previous Daily High 1.2049
Previous Daily Low 1.1993
Previous Weekly High 1.2143
Previous Weekly Low 1.1922
Previous Monthly High 1.2402
Previous Monthly Low 1.1915
Daily Fibonacci 38.2% 1.2014
Daily Fibonacci 61.8% 1.2028
Daily Pivot Point S1 1.1992
Daily Pivot Point S2 1.1964
Daily Pivot Point S3 1.1936
Daily Pivot Point R1 1.2047
Daily Pivot Point R2 1.2076
Daily Pivot Point R3 1.2103

 

 

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