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Pound Sterling Price News and Forecast: GBP/USD gains momentum, nears two-month highs

GBP/USD gains momentum, nears two-month highs, amid hawkish BoE comments

The GBP/USD extended its gains during the North American session, after hitting a daily low of 1.2446, though some hawkish remarks by officials of the Bank of England (BoE) sponsored a leg-up back above the 1.2500. At the time of writing, the pair is trading at 1.2529, gaining 0.20%, slightly below the two-month high of 1.2559. Read More...
 

GBP/USD sits near its highest level since September, just below mid-1.2500s ahead of FOMC minutes

The GBP/USD pair continues to gain positive traction for the third successive day and climbs to over a two-month peak during the first half of trading action on Tuesday. Spot prices maintain the bid tone around the 1.2530-1.2535 region through the early European session and seem poised to build on the ascending trend in the wake of the underlying bearish sentiment surrounding the US Dollar (USD). Read More...
 

GBP/USD could still revisit 1.2580 – UOB

There still seem to be room for GBP/USD to reach the 1.2580 zone in the near term, note Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group. Read More...

GBP/USD

Overview
Today last price1.2538
Today Daily Change0.0031
Today Daily Change %0.25
Today daily open1.2507
 
Trends
Daily SMA201.2276
Daily SMA501.2256
Daily SMA1001.2507
Daily SMA2001.2446
 
Levels
Previous Daily High1.2518
Previous Daily Low1.2446
Previous Weekly High1.2506
Previous Weekly Low1.2213
Previous Monthly High1.2337
Previous Monthly Low1.2037
Daily Fibonacci 38.2%1.249
Daily Fibonacci 61.8%1.2473
Daily Pivot Point S11.2463
Daily Pivot Point S21.2419
Daily Pivot Point S31.2391
Daily Pivot Point R11.2534
Daily Pivot Point R21.2562
Daily Pivot Point R31.2606
 

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