Pound Sterling breaches 200-DMA, buyers eye 1.2600

FXStreet Team FXStreet

GBP/USD Price Analysis: Breaches 200-DMA, buyers eye 1.2600

During the North American session, the British Pound registered modest gains versus the US Dollar. The Bank of England (BoE) will decide on monetary policy in a week. That and an upbeat market sentiment underpin the GBP/USD's higher trading at around 1.2579, above a key support level. Read More...

Pound Sterling rises in thin-trading week, BoE policy in focus

The Pound Sterling (GBP) moves higher to 1.2570 against the US Dollar (USD) in Monday’s early American session but is still inside Friday's trading range. The GBP/USD pair is expected to remain less volatile and will be guided by the market sentiment as the United Kingdom markets are closed on account of Early May. Read More...

GBP/USD rises to near 1.2550 due to dovish sentiment surrounding Fed

GBP/USD continues its winning streak for the fourth consecutive day, trading around 1.2550 during the Asian trading hours on Monday. The appreciation of the GBP/USD pair could be attributed to the recalibrated expectations for the Federal Reserve’s (Fed) interest rate cuts in 2024 following the release of lower-than-expected jobs data from the United States (US). Read More...

GBP/USD

Overview
Today last price	1.2573
Today Daily Change	0.0026
Today Daily Change %	0.21
Today daily open	1.2547

Trends
Daily SMA20	1.2497
Daily SMA50	1.2613
Daily SMA100	1.2645
Daily SMA200	1.2549

Levels
Previous Daily High	1.2635
Previous Daily Low	1.253
Previous Weekly High	1.2635
Previous Weekly Low	1.2466
Previous Monthly High	1.2709
Previous Monthly Low	1.23
Daily Fibonacci 38.2%	1.2595
Daily Fibonacci 61.8%	1.257
Daily Pivot Point S1	1.2506
Daily Pivot Point S2	1.2465
Daily Pivot Point S3	1.2401
Daily Pivot Point R1	1.2612
Daily Pivot Point R2	1.2676
Daily Pivot Point R3	1.2717

Author

FXStreet Team

FXStreet

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