Pound Sterling Price News and Forecast: GBP/USD: Bears are moving in on the risk rally


GBP/USD Price Analysis: Bears are moving in on the risk rally

GBP/USD is back to flat in the day after initial losses that were sparked in the face of the Bank of England Governor Andrew Bailey reiterating that he expected price pressures to ease, as soon as April. Also, data showed Britain's jobless rate rose to 3.9%, while the rate of increase in total pay held steady. At the time of writing, GBP/USD is trading near 1.2490 and is correcting lower from a 4-hour resistance area. Read More...

GBP/USD pares intraday losses to multi-week low, upside remains capped on stronger USD

The GBP/USD pair stages a goodish intraday bounce from the 1.2420 area, or over a three-week low touched this Wednesday, and climbs to the top end of its daily trading range during the early North American session. The pair, however, remains in the negative territory for the second straight day and is currently placed around the 1.2470-1.2475 region, down over 0.10% for the day. Read More...

 

GBP/USD plummets to three-week low, eyes 1.2400 amid broad-based USD strength

The GBP/USD pair adds to the previous day's losses and remains under heavy selling pressure for the second successive day on Wednesday. The downward trajectory remains uninterrupted through the first half of the European session and drags spot prices to a three-week low, around the 1.2420 region in the last hour. Read More...

GBP/USD

Overview
Today last price 1.2492
Today Daily Change 0.0003
Today Daily Change % 0.02
Today daily open 1.2489
 
Trends
Daily SMA20 1.2516
Daily SMA50 1.238
Daily SMA100 1.2258
Daily SMA200 1.1965
 
Levels
Previous Daily High 1.2547
Previous Daily Low 1.2465
Previous Weekly High 1.268
Previous Weekly Low 1.244
Previous Monthly High 1.2584
Previous Monthly Low 1.2275
Daily Fibonacci 38.2% 1.2496
Daily Fibonacci 61.8% 1.2516
Daily Pivot Point S1 1.2454
Daily Pivot Point S2 1.2419
Daily Pivot Point S3 1.2373
Daily Pivot Point R1 1.2535
Daily Pivot Point R2 1.2582
Daily Pivot Point R3 1.2617

 

 

 
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