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Pound Sterling Price News and Forecast: GBP/USD sees modest gains amid Fed and BoE’s cautious remarks

GBP/USD sees modest gains amid Fed and BoE’s cautious remarks

The Pound Sterling (GBP) edges up moderately against the US Dollar (USD) in the mid-North American session but trades sideways unable to reclaim a key resistance level at the 50-day moving average (DMA). US and UK central bank speakers adopting a cautious stance and the lack of important economic data would likely keep the major within familiar levels. the GBP/USD trades at 1.2628, up 0.10%, but virtually flat in the week. Read More...

Pound Sterling rises on BoE's hawkish stance, lower US CPI revision

The Pound Sterling (GBP) rebounds sharply in Friday's early New York session. The GBP/USD pair refreshes day high after Bank of England (BoE) policymaker Jonathan Hasker said signals of easing price pressures are encouraging but are insufficient to return to expansionary policy stance. Read More...

GBP/USD holds steady above 1.2600, bulls seem non-committed despite softer USD

The GBP/USD pair struggles to capitalize on the previous day's goodish bounce of around 50 pips from the 1.2570 region and oscillates in a narrow band during the Asian session on Friday. Spot prices currently trade near the top end of the weekly range, around the 1.2620 area, and draw support from a modest US Dollar (USD) downtick. Read More...

GBP/USD

Overview
Today last price 1.2636
Today Daily Change 0.0017
Today Daily Change % 0.13
Today daily open 1.2619
 
Trends
Daily SMA20 1.2678
Daily SMA50 1.2677
Daily SMA100 1.2483
Daily SMA200 1.2565
 
Levels
Previous Daily High 1.2639
Previous Daily Low 1.2572
Previous Weekly High 1.2773
Previous Weekly Low 1.2614
Previous Monthly High 1.2786
Previous Monthly Low 1.2597
Daily Fibonacci 38.2% 1.2598
Daily Fibonacci 61.8% 1.2613
Daily Pivot Point S1 1.2581
Daily Pivot Point S2 1.2543
Daily Pivot Point S3 1.2514
Daily Pivot Point R1 1.2648
Daily Pivot Point R2 1.2677
Daily Pivot Point R3 1.2715

 

 

 

 

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