fxs_header_sponsor_anchor

Pound Sterling treads water, with upside attempts limited below 1.2670

GBP/USD treads water, with upside attempts limited below 1.2670

The Sterling found support at the 1.2580 area earlier today, before bouncing up, favoured by a somewhat softer US Dollar during Thursday’s US Session. The pair, however, remains capped below 1.2665, which leaves the broader bearish trend unchanged. Read More...

GBP/USD

Overview
Today last price 1.2621
Today Daily Change -0.0020
Today Daily Change % -0.16
Today daily open 1.2641
 
Trends
Daily SMA20 1.2719
Daily SMA50 1.2679
Daily SMA100 1.2649
Daily SMA200 1.2591
 
Levels
Previous Daily High 1.2641
Previous Daily Low 1.2606
Previous Weekly High 1.2804
Previous Weekly Low 1.2575
Previous Monthly High 1.2773
Previous Monthly Low 1.2518
Daily Fibonacci 38.2% 1.2628
Daily Fibonacci 61.8% 1.2619
Daily Pivot Point S1 1.2617
Daily Pivot Point S2 1.2593
Daily Pivot Point S3 1.2581
Daily Pivot Point R1 1.2653
Daily Pivot Point R2 1.2665
Daily Pivot Point R3 1.2688

 

 

Pound Sterling recovers swiftly as US Dollar falls back

The Pound Sterling (GBP) recovers to 1.2640 against the US Dollar in Thursday’s early New York session. More broadly, the GBP/USD pair struggles for direction as investors wait for fresh cues about when the Bank of England (BoE) will begin reducing interest rates. The United Kingdom’s inflation has come down significantly, but BoE policymakers are expected to adopt a cautious approach as early rate cuts could revamp price pressures again. Read More...

GBP/USD Price Analysis: The next downside target is located at the 1.2600–1.2605 region

The GBP/USD pair remains on the defensive around 1.2630 on Thursday during the early European trading hours. The hawkish tone from Federal Reserve (Fed) Governor Christopher Waller early Thursday has lifted the US Dollar (USD) broadly, which creates a headwind for the GBP/USD pair. Read More...
 

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 © 2026 FOREXSTREET S.L., All rights reserved.