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Pound Sterling picks up following a post-NFP slump, returns above 1.2600

GBP/USD picks up following a post-NFP slump, returns above 1.2600

The Sterling is regaining lost ground on Friday’s US session following a significant reversal, with a strong US employment report sending the Dollar soaring. The pair, however, remains practically flat in the weekly chat after having whipsawed over the last few days. Read More...

GBP/USD

Overview
Today last price1.2635
Today Daily Change-0.0008
Today Daily Change %-0.06
Today daily open1.2643
 
Trends
Daily SMA201.2691
Daily SMA501.2668
Daily SMA1001.2665
Daily SMA2001.2588
 
Levels
Previous Daily High1.2684
Previous Daily Low1.2635
Previous Weekly High1.2668
Previous Weekly Low1.2586
Previous Monthly High1.2894
Previous Monthly Low1.2575
Daily Fibonacci 38.2%1.2654
Daily Fibonacci 61.8%1.2665
Daily Pivot Point S11.2624
Daily Pivot Point S21.2606
Daily Pivot Point S31.2576
Daily Pivot Point R11.2672
Daily Pivot Point R21.2702
Daily Pivot Point R31.272

Pound Sterling slumps after upbeat US Nonfarm Payrolls data

The Pound Sterling (GBP) falls sharply to 1.2600 in Friday’s early American session. The GBP/USD pair weakens as upbeat United States Nonfarm Payrolls (NFP) data for March has boosted demand for the US Dollar. Read More...

GBP/USD Price Analysis: Bounces off bottom of range but soon stalls

GBP/USD has just bounced off the bottom of a medium-term consolidation range after forming a bullish Tweezer Bottom Japanese candlestick pattern.   

The pair rose up strongly on Wednesday and Thursday but then hit stubborn resistance at the intersection of two major moving averages – the red 50-day and blue 100-day Simple Moving Averages (SMA) – and stalled. Read More...

Author

FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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