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Pound Sterling Price News and Forecast: GBP/USD now moved into a consolidative phase

GBP/USD Forecast: Pound Sterling could struggle to find direction

In the absence of high-impact data releases, GBP/USD benefited from the risk-positive market atmosphere on Monday and climbed toward 1.2200. The pair lost its traction early Tuesday amid renewed US Dollar (USD) strength and declined to the 1.2150 area. Read more...

GBPUSD

GBP/USD now moved into a consolidative phase – UOB

Economist Lee Sue Ann and Markets Strategist Quek Ser at UOB Group suggest GBP/USD is now seen trading within the 1.2085-1.2240 band in the next weeks. Read more...

GBP/USD: Daily close above 1.2180 would add to momentum for deeper push above 1.22 – Scotiabank

GBP/USD trades firmer near 1.22. Economists at Scotiabank analyze Sterling’s outlook.

Sterling is firm but GBP/USD gains are struggling against 1.22, trend resistance off the July high. The market pushed through this trend briefly earlier in October but needs to make clearer progress above the figure to extend. Read more...

GBP/USD

Overview
Today last price1.215
Today Daily Change-0.0018
Today Daily Change %-0.15
Today daily open1.2168
 
Trends
Daily SMA201.2179
Daily SMA501.234
Daily SMA1001.2567
Daily SMA2001.2438
 
Levels
Previous Daily High1.2175
Previous Daily Low1.209
Previous Weekly High1.2289
Previous Weekly Low1.207
Previous Monthly High1.2713
Previous Monthly Low1.2111
Daily Fibonacci 38.2%1.2143
Daily Fibonacci 61.8%1.2123
Daily Pivot Point S11.2114
Daily Pivot Point S21.206
Daily Pivot Point S31.2029
Daily Pivot Point R11.2198
Daily Pivot Point R21.2229
Daily Pivot Point R31.2283

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