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Pound Sterling Price News and Forecast: GBP/USD gains momentum and climbs above 1.2200

GBP/USD gains momentum and climbs above 1.2200 ahead of UK inflation report

The British Pound (GBP) advances versus the US Dollar (USD) during the North American session, registering gains of 0.42%, on a risk-on impulse while expectations of a sightly high UK inflation report underpin the GBP/USD. At the time of writing, the pair exchanges hands at 1.2200 after bouncing from a daily loss of 1.2128. Read More...
 

GBP/USD clings to modest intraday gains above mid-1.2100s, lacks bullish conviction

The GBP/USD pair catches fresh bids on the first day of a new week and sticks to its intraday gains through the early part of the European session. Spot prices currently trade around the 1.2175-1.2180 region, up 0.30% for the day, and for now, seem to have snapped a two-day losing streak to a one-week low touched on Friday. Read More...
 

GBP/USD holds positive ground above 1.2150 amid the softer USD, investors await UK labor data, US Retail Sales

The GBP/USD pair gains traction above the mid-1.2100s during the Asian session on Monday. The softer US Dollar (USD) lends some support to the pair. The risk sentiment dominate the market ahead of the key UK employment data and US Retail Sales on Tuesday. The major pair currently trades around 1.2160, up 0.15% for the day. Read More...

GBP/USD

Overview
Today last price1.22
Today Daily Change0.0058
Today Daily Change %0.48
Today daily open1.2142
 
Trends
Daily SMA201.2222
Daily SMA501.2464
Daily SMA1001.26
Daily SMA2001.2444
 
Levels
Previous Daily High1.2226
Previous Daily Low1.2123
Previous Weekly High1.2337
Previous Weekly Low1.2123
Previous Monthly High1.2713
Previous Monthly Low1.2111
Daily Fibonacci 38.2%1.2162
Daily Fibonacci 61.8%1.2186
Daily Pivot Point S11.2102
Daily Pivot Point S21.2061
Daily Pivot Point S31.1999
Daily Pivot Point R11.2204
Daily Pivot Point R21.2266
Daily Pivot Point R31.2307
 

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