GBP/USD Forecast: Pound Sterling struggles to attract buyers despite oversold conditions
GBP/USD registered losses for the third consecutive trading day on Monday and declined to a six-month low of 1.2167 in the Asian session before recovering toward 1.2200. The pair remains technically oversold but investors could refrain from betting on a steady upward correction in the risk-averse market environment. Read more...
GBP/USD: 1.2170/1.2100 is next potential support zone – SocGen
GBP/USD confirmed a Head and Shoulders and subsequently gave up the 200-DMA resulting in steady decline. Read more...
GBP/USD: Gains through 1.2200 may trigger a squeeze to the 1.23 area – Scotiabank
Cable is soft but off earlier lows. Economists at Scotiabank analyze GBP/USD outlook.
|Today last price||1.2184|
|Today Daily Change||-0.0028|
|Today Daily Change %||-0.23|
|Today daily open||1.2212|
|Previous Daily High||1.2256|
|Previous Daily Low||1.2194|
|Previous Weekly High||1.2425|
|Previous Weekly Low||1.2231|
|Previous Monthly High||1.2841|
|Previous Monthly Low||1.2548|
|Daily Fibonacci 38.2%||1.2218|
|Daily Fibonacci 61.8%||1.2232|
|Daily Pivot Point S1||1.2185|
|Daily Pivot Point S2||1.2159|
|Daily Pivot Point S3||1.2123|
|Daily Pivot Point R1||1.2247|
|Daily Pivot Point R2||1.2282|
|Daily Pivot Point R3||1.2309|
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