fxs_header_sponsor_anchor

Pound Sterling Price News and Forecast: GBP/USD under selling pressure

GBP/USD under selling pressure amid sentiment deterioration mixed US data

The Pound Sterling (GBP) trimmed some of its earlier losses versus the US Dollar (USD) but remained on the defensive, registering modest losses of 0.%, as the GBP/USD exchanges hands at 1.2166 after hitting a daily high of 1.2211. Read More...
 

Pound Sterling turns subdued as high inflation dampens outlook

The Pound Sterling (GBP) faced selling pressure near 1.2200 after a recovery attempt prompted by the United Kingdom inflation data. The Office for National Statistics (ONS) reported that inflation in September remained marginally higher than expectations. The GBP/USD pair could come out of the woods as the stalled inflation report would elevate risks of further policy-tightening by the Bank of England (BoE) in the November monetary policy meeting. Read More..
 

GBP/USD extends losses around 1.2170, awaits UK CPI

GBP/USD extends losses on the second successive day, trading lower around 1.2160 during the Asian session on Wednesday. The upbeat economic data from the United States (US) exerts pressure on the pair. Read More...

GBP/USD

Overview
Today last price 1.2157
Today Daily Change -0.0026
Today Daily Change % -0.21
Today daily open 1.2183
 
Trends
Daily SMA20 1.2203
Daily SMA50 1.2442
Daily SMA100 1.2596
Daily SMA200 1.2444
 
Levels
Previous Daily High 1.2217
Previous Daily Low 1.2133
Previous Weekly High 1.2337
Previous Weekly Low 1.2123
Previous Monthly High 1.2713
Previous Monthly Low 1.2111
Daily Fibonacci 38.2% 1.2165
Daily Fibonacci 61.8% 1.2185
Daily Pivot Point S1 1.2138
Daily Pivot Point S2 1.2094
Daily Pivot Point S3 1.2054
Daily Pivot Point R1 1.2222
Daily Pivot Point R2 1.2262
Daily Pivot Point R3 1.2307

 

 

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2025 FOREXSTREET S.L., All rights reserved.