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Pound Sterling Price News and Forecast: GBP/USD: Traders are positioned flat ahead of NFP, breakout eyed

GBP/USD Price Analysis: Traders are positioned flat ahead of NFP, breakout eyed

GBP/USD has shown signs of a classic pre-Nonfarm Payroills clear out as the pair sweeps liquidity on both sides of the bulk of this week's range. GBP/USD rallied in Asia from the lows and reached as high as 1.2781 before collapsing to the day's lows in late US morning trade of 1.2673, taking out Tuesday's inside day's lows. Read More...

Pound Sterling surrenders gains as risk aversion theme strengthens

The Pound Sterling (GBP) has dropped half of its gains made after the headlines that Bank of England (BoE) Governor Andrew Bailey has urged industry regulators not to overcharge customers. The GBP/USD pair has printed a fresh two-week high at 1.2775 as BoE Bailey believes that moves by regulators would help in slowing down inflationary pressures. Andrew Bailey is confident that stubborn inflation will come down but borrowers would face severe consequences and the timing of the rate cut is uncertain. Read More...
 

GBP/USD maintains the consolidation for the time being – UOB

Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group, GBP/USD is still expected to navigate the 1.2630-1.2800 range in the next few weeks. Read More...

GBP/USD

Overview
Today last price 1.2741
Today Daily Change 0.0037
Today Daily Change % 0.29
Today daily open 1.2704
 
Trends
Daily SMA20 1.2692
Daily SMA50 1.2564
Daily SMA100 1.2397
Daily SMA200 1.2141
 
Levels
Previous Daily High 1.2736
Previous Daily Low 1.2688
Previous Weekly High 1.276
Previous Weekly Low 1.2591
Previous Monthly High 1.2848
Previous Monthly Low 1.2369
Daily Fibonacci 38.2% 1.2706
Daily Fibonacci 61.8% 1.2717
Daily Pivot Point S1 1.2683
Daily Pivot Point S2 1.2662
Daily Pivot Point S3 1.2636
Daily Pivot Point R1 1.273
Daily Pivot Point R2 1.2757
Daily Pivot Point R3 1.2778

 

 

 

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