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Pound Sterling mildly up after PCE figures from the US meet expectations

GBP/USD mildly up after PCE figures from the US meet expectations

In Friday's session, GBP/USD is being traded around 1.2640, registering a variation of 0.14% as investors digest the US February Personal Consumption Expenditures (PCE) figures. Read More...

GBP/USD Price Analysis: The first downside target is seen at the 1.2600-1.2605 zone

The GBP/USD pair trades on a weaker note around 1.2620 during the early European session on Friday. The decline of Pound Sterling (GBP) is backed by the growing speculation that the Bank of England (BoE) will begin the rate-cut cycle this year. Markets are fully pricing in the first rate cut in August, with a total of nearly three quarter-point interest rate cuts this year. Read More...

GBP/USD trades sideways above 1.2600 amid quiet session

The GBP/USD pair trades sideways around 1.2622 during the early Asian session on Friday. The market is likely to be mute in light trading on Good Friday. Later in the day, the US Core Personal Consumption Expenditures (PCE) Price Index will be released. The Fed’s preferred inflation gauge is estimated to remain stable at 2.8% YoY. Read More...

GBP/USD

Overview
Today last price1.263
Today Daily Change0.0006
Today Daily Change %0.05
Today daily open1.2624
 
Trends
Daily SMA201.2719
Daily SMA501.2678
Daily SMA1001.2653
Daily SMA2001.259
 
Levels
Previous Daily High1.2655
Previous Daily Low1.2586
Previous Weekly High1.2804
Previous Weekly Low1.2575
Previous Monthly High1.2773
Previous Monthly Low1.2518
Daily Fibonacci 38.2%1.2612
Daily Fibonacci 61.8%1.2629
Daily Pivot Point S11.2588
Daily Pivot Point S21.2553
Daily Pivot Point S31.252
Daily Pivot Point R11.2657
Daily Pivot Point R21.269
Daily Pivot Point R31.2726
 

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