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Pound Sterling Price News and Forecast: GBP/USD sinks below the 20-day SMA ahead of US NFPs

GBP/USD sinks below the 20-day SMA ahead of US NFPs

On Thursday, the GBP/USD lost ground as the USD traded strongly against most of its rivals after the release of July's Core Personal Consumption Expenditures (PCE) figures. The GBP’s losses are limited by tightening expectations on the Bank of England remaining high. Read More...

Pound Sterling eyes downside as recession risks elevated

The Pound Sterling (GBP) demonstrates a corrective move as investors seek fresh cues about the interest rate peak from the Bank of England (BoE) for further guidance. The GBP/USD pair eases some gains inspired by bullish market sentiment and expectations that the 15th consecutive interest rate hike by the BoE will neutralize its policy divergence with the US Federal Reserve (Fed). Read More...
 

GBP/USD: Door open to a probable test of 1.2800 – UOB

Further upside could prompt GBP/USD to revisit the 1.2800 region in the next few weeks, suggest UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang. Read More...

GBP/USD

Overview
Today last price 1.2665
Today Daily Change -0.0056
Today Daily Change % -0.44
Today daily open 1.2721
 
Trends
Daily SMA20 1.2702
Daily SMA50 1.2781
Daily SMA100 1.2647
Daily SMA200 1.2411
 
Levels
Previous Daily High 1.2746
Previous Daily Low 1.2619
Previous Weekly High 1.28
Previous Weekly Low 1.2548
Previous Monthly High 1.3142
Previous Monthly Low 1.2659
Daily Fibonacci 38.2% 1.2698
Daily Fibonacci 61.8% 1.2668
Daily Pivot Point S1 1.2645
Daily Pivot Point S2 1.2568
Daily Pivot Point S3 1.2517
Daily Pivot Point R1 1.2772
Daily Pivot Point R2 1.2823
Daily Pivot Point R3 1.29

 

 

 

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