Pound Sterling Price News and Forecast: GBP/USD bears in the market as profit taking kicks in

FXStreet Team FXStreet

GBP/USD bears in the market as profit taking kicks in

GBP/USD is flat in late New York trade, under pressure however, and falling away from 1.2467 highs as profit taking kicks in. GBP/USD has traveled between a low of 1.2404 and a high of 1.2467 so far. Read More...

GBP/USD Price Analysis: Climbs to fresh daily high, above mid-1.2400s amid weaker USD

The GBP/USD pair reverses an intraday dip to the 1.2400 round-figure mark and turns positive for the third successive day on Thursday. The pair, however, remain below the weekly high touched on Wednesday and trades around the 1.2450-1.2455 region, just below the weekly high touched on Wednesday. Read More...

GBP/USD trades with modest losses below mid-1.2400s, downside potential seems limited

The GBP/USD pair comes under some selling pressure on Thursday and retreats further from the weekly high, around the 1.2470-1.2475 area touched the previous day. The pair remains on the defensive through the early part of the European session and is currently placed near the daily low, around the 1.2420 region. Read More...

GBP/USD

Overview
Today last price	1.244
Today Daily Change	0.0000
Today Daily Change %	0.00
Today daily open	1.244

Trends
Daily SMA20	1.2394
Daily SMA50	1.2195
Daily SMA100	1.2194
Daily SMA200	1.1921

Levels
Previous Daily High	1.2474
Previous Daily Low	1.2392
Previous Weekly High	1.2546
Previous Weekly Low	1.2344
Previous Monthly High	1.2424
Previous Monthly Low	1.1803
Daily Fibonacci 38.2%	1.2443
Daily Fibonacci 61.8%	1.2424
Daily Pivot Point S1	1.2397
Daily Pivot Point S2	1.2354
Daily Pivot Point S3	1.2315
Daily Pivot Point R1	1.2478
Daily Pivot Point R2	1.2517
Daily Pivot Point R3	1.256

Author

FXStreet Team

FXStreet

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.

GBP/USD advances to three-week high above 1.3400 as UK political risk eases

The GBP/USD pair builds on Wednesday's gains and trades in positive territory above 1.3400 during the early European trading hours on Thursday. Fading political uncertainty following the resignation of Keir Starmer in late June provides some support to the British Pound against the US Dollar. However, the risk-averse market atmosphere could limit the pair's upside.

EUR/USD climbs toward 1.1450 despite Mideast tensions

EUR/USD gains traction in the European session on Thursday and advances toward 1.1450. Despite the escalating tensions in the Middle East, the US Dollar (USD) struggles to find demand and allows the pair to stretch higher. Weekly Jobless Claims data will be featured in the US economic calendar.

Gold rebounds to $4,100 but struggles to gather momentum

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Hyperliquid: Short-term noise in HYPE price masks breakout potential to $100

Hyperliquid continues to slide for the fourth consecutive day this week as retail demand eases amid broader market risk-off sentiment. A surge in HIP-3 Open Interest reflects steady demand for tokenized Real World Assets, amid institutional inflows that support the broader upward trend.

Japan may be changing its Yen strategy, but markets don’t look scared

Japan may be changing its intervention playbook, but that might not be enough to rescue the battered Yen. With USD/JPY hovering at four-decade highs, the currency’s weakness is being driven less by speculative pressure and more by a powerful structural force: the wide US-Japan rate gap.

Bye, forward guidance: How to trade when central banks choose silence

Central banks have spent years telling markets what might come next. Now, traders face the possibility that they say a lot less. From the Federal Reserve to the European Central Bank and the Bank of England, policymakers are pushing back against forward guidance.