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Pound Sterling Price News and Forecast: GBP/USD climbs towards 1.2390

GBP/USD climbs towards 1.2390, bouncing from lows hit at the 1.2330 area

GBP/USD seesaws during the North American session, around the 1.2360-1.2390 region, around the London Fix, unable to gain a clear direction. Risk appetite increased, which usually favors the Pound Sterling (GBP), but soft UK economic data weighed on the GBP/USD. At the time of writing, the GBP/USD exchanges hands at 1.2391. Read More...

GBP/USD to retest key resistance at 1.2450/60 and beyond – Scotiabank

GBP/USD is on the back foot, having faced rejection at 1.2400. Economists at Scotiabank expect the pair to move higher and retest key resistance at 1.2450/60. Read More...
 

GBP/USD slides to 1.2350 on downbeat UK Retail Sales and Fed concerns

GBP/USD takes offers to refresh intraday low near 1.2350 as UK Retail Sales disappoint during early Friday. It’s worth noting, however, that the recently hawkish comments from Bank of England (BoE) Governor Andrew Bailey and upbeat forecasts from JP Morgan seem to put a floor under the Cable pair. Read More...

GBP/USD

Overview
Today last price1.2388
Today Daily Change0.0001
Today Daily Change %0.01
Today daily open1.2387
 
Trends
Daily SMA201.2125
Daily SMA501.2099
Daily SMA1001.1715
Daily SMA2001.1982
 
Levels
Previous Daily High1.2397
Previous Daily Low1.2313
Previous Weekly High1.2249
Previous Weekly Low1.2086
Previous Monthly High1.2447
Previous Monthly Low1.1992
Daily Fibonacci 38.2%1.2365
Daily Fibonacci 61.8%1.2345
Daily Pivot Point S11.2334
Daily Pivot Point S21.2281
Daily Pivot Point S31.225
Daily Pivot Point R11.2419
Daily Pivot Point R21.245
Daily Pivot Point R31.2503

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