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Pound Sterling Price News and Forecast: GBP/USD is oscillating in a narrow range below 1.2500

GBP/USD Price Analysis: Bears could be about to make their moves

GBP/USD bulls are moving in from key support. Bears could be lurking around a 50% mean reversion. GBP/USD is correcting into a potential resistance area. Read more...

GBP/USD juggles below 1.2500 as investors await Fed’s rate policy and US ADP job data

The GBP/USD pair is showing back-and-forth action in a narrow range below the psychological resistance of 1.2500 in the early Asian session. The Cable is demonstrating a volatility contraction, however, a power-pack action is expected ahead of the interest rate decision by the Federal Reserve (Fed) and the United States Automatic Data Processing (ADP) Employment data.

S&P500 futures have added more losses in early Asia as anxiety among market participants ahead of the Fed’s interest rate policy is deepening. An elevation in the risk aversion market mood is expected to impact risk-sensitive assets further. Read more...

GBP/USD

Overview
Today last price1.2503
Today Daily Change0.0007
Today Daily Change %0.06
Today daily open1.2496
 
Trends
Daily SMA201.2455
Daily SMA501.226
Daily SMA1001.2214
Daily SMA2001.1942
 
Levels
Previous Daily High1.2571
Previous Daily Low1.2481
Previous Weekly High1.2584
Previous Weekly Low1.2387
Previous Monthly High1.2584
Previous Monthly Low1.2275
Daily Fibonacci 38.2%1.2515
Daily Fibonacci 61.8%1.2536
Daily Pivot Point S11.2461
Daily Pivot Point S21.2426
Daily Pivot Point S31.2371
Daily Pivot Point R11.2551
Daily Pivot Point R21.2606
Daily Pivot Point R31.2642

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