Pound Sterling Price News and Forecast: GBP/USD: Bulls move in to take control

FXStreet Team FXStreet

GBP/USD Price Analysis: Bulls move in to take control

Sterling rose against a weaker dollar on Tuesday as British inflation remains in focus. This has forced the price higher and placed the bulls back in control as the following analysis will illustrate. Read More...

GBP/USD climbs to fresh daily high, around 1.2375 area amid subdued USD demand

The GBP/USD pair attracts some dip-buying near the 1.2325 region on Tuesday and turns positive for the third straight day, though remains confined well within a familiar trading band held over the past week or so. The pair currently placed near the top end of its daily range, around the 1.2375 region and is supported by a combination of factors. Read More...

GBP/USD: Outlook keeps pointing to further losses – UOB

Extra decline remains on the cards for GBP/USD in the next few weeks, according to UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang. Read More...

GBP/USD

Overview
Today last price	1.2388
Today Daily Change	0.0032
Today Daily Change %	0.26
Today daily open	1.2356

Trends
Daily SMA20	1.2483
Daily SMA50	1.2437
Daily SMA100	1.229
Daily SMA200	1.1981

Levels
Previous Daily High	1.2372
Previous Daily Low	1.2335
Previous Weekly High	1.2472
Previous Weekly Low	1.2308
Previous Monthly High	1.2584
Previous Monthly Low	1.2275
Daily Fibonacci 38.2%	1.2358
Daily Fibonacci 61.8%	1.2349
Daily Pivot Point S1	1.2337
Daily Pivot Point S2	1.2318
Daily Pivot Point S3	1.23
Daily Pivot Point R1	1.2373
Daily Pivot Point R2	1.2391
Daily Pivot Point R3	1.241

Author

FXStreet Team

FXStreet

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