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


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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 price 1.2538
Today Daily Change 0.0031
Today Daily Change % 0.25
Today daily open 1.2507
 
Trends
Daily SMA20 1.2276
Daily SMA50 1.2256
Daily SMA100 1.2507
Daily SMA200 1.2446
 
Levels
Previous Daily High 1.2518
Previous Daily Low 1.2446
Previous Weekly High 1.2506
Previous Weekly Low 1.2213
Previous Monthly High 1.2337
Previous Monthly Low 1.2037
Daily Fibonacci 38.2% 1.249
Daily Fibonacci 61.8% 1.2473
Daily Pivot Point S1 1.2463
Daily Pivot Point S2 1.2419
Daily Pivot Point S3 1.2391
Daily Pivot Point R1 1.2534
Daily Pivot Point R2 1.2562
Daily Pivot Point R3 1.2606

 

 

 
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