Pound Sterling Price News and Forecast: GBP/USD: A Round 1 knockout victory for the bulls ahead of US CPI


GBP/USD Price Analysis: A Round 1 knockout victory for the bulls ahead of US CPI

GBP/USD has been on a tear as it pulls away from the start of the day's trapped shorts that were seeking a break below 1.2050 for the initial balance for the week. At the time of writing, GBP/USD is trading at 1.2140 and up 0.8% on the day. Read More...

GBP/USD retakes 1.2100 amid a modest USD downtick, further positive move seems unlikely

The GBP/USD pair builds on its goodish intraday bounce from the 1.2030 area, or a multi-day low touched earlier this Monday and scales higher through the mid-European session. Spot prices climb back above the 1.2100 mark in the last hour and reverse a major part of Friday's downfall amid the emergence of some US Dollar selling. Read More...
 

GBP/USD trades with modest losses around mid-1.2000s, lacks follow-through selling

The GBP/USD pair edges lower for the second straight day on Monday and remains on the defensive through the first half of the European session. The pair is currently placed near the mid-1.2000s, just a few pips above the daily low, and seems vulnerable to extending last week's retracement slide from the vicinity of the 1.2200 mark. Read More...

GBP/USD

Overview
Today last price 1.2138
Today Daily Change 0.0084
Today Daily Change % 0.70
Today daily open 1.2054
 
Trends
Daily SMA20 1.2257
Daily SMA50 1.2186
Daily SMA100 1.1845
Daily SMA200 1.1945
 
Levels
Previous Daily High 1.2139
Previous Daily Low 1.2047
Previous Weekly High 1.2194
Previous Weekly Low 1.1961
Previous Monthly High 1.2448
Previous Monthly Low 1.1841
Daily Fibonacci 38.2% 1.2082
Daily Fibonacci 61.8% 1.2104
Daily Pivot Point S1 1.2021
Daily Pivot Point S2 1.1988
Daily Pivot Point S3 1.1929
Daily Pivot Point R1 1.2113
Daily Pivot Point R2 1.2172
Daily Pivot Point R3 1.2205

 

 

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