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Pound Sterling Price News and Forecast: GBP/USD poised for six-month weekly rise

GBP/USD poised for six-month weekly rise, boosted by UK data, BoE tightening expectations

GBP/USD trades with solid gains on Friday, set to finish its weekly rise in six months after UK economic data supported additional Bank of England (BoE) tightening. The US Federal Reserve (Fed) keeping rates unchanged was a headwind for the US Dollar (USD). Hence, the GBP/USD is trading at 1.2833, up 0.40%, after hitting a low of 1.2768. Read More...
 

GBP/USD refreshes annual high at 1.2830 as BoE prepares for further policy-tightening

The GBP/USD pair has printed a fresh annual high at 1.2830 in the early American session. The Cable has shown resilience as the Bank of England (BoE) is expected to raise interest rates further to sharpen its quantitative tools in the battle against United Kingdom’s stubborn inflation. Read More...
 

GBP/USD could advance to 1.2900 near term – UOB

Extra gains could see GBP/USD revisiting the 1.2900 region in the next few weeks, according to UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang. Read More...

GBP/USD

Overview
Today last price 1.2834
Today Daily Change 0.0050
Today Daily Change % 0.39
Today daily open 1.2784
 
Trends
Daily SMA20 1.2476
Daily SMA50 1.2484
Daily SMA100 1.2319
Daily SMA200 1.2039
 
Levels
Previous Daily High 1.2786
Previous Daily Low 1.263
Previous Weekly High 1.259
Previous Weekly Low 1.2369
Previous Monthly High 1.268
Previous Monthly Low 1.2308
Daily Fibonacci 38.2% 1.2726
Daily Fibonacci 61.8% 1.2689
Daily Pivot Point S1 1.268
Daily Pivot Point S2 1.2577
Daily Pivot Point S3 1.2524
Daily Pivot Point R1 1.2836
Daily Pivot Point R2 1.2889
Daily Pivot Point R3 1.2993

 

 

 

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