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Pound Sterling Price News and Forecast: GBP/USD poised for six-month weekly rise

GBP/USD poised for six-month weekly rise, boosted by UK data, BoE tightening expectations

GBP/USD trades with solid gains on Friday, set to finish its weekly rise in six months after UK economic data supported additional Bank of England (BoE) tightening. The US Federal Reserve (Fed) keeping rates unchanged was a headwind for the US Dollar (USD). Hence, the GBP/USD is trading at 1.2833, up 0.40%, after hitting a low of 1.2768. Read More...
 

GBP/USD refreshes annual high at 1.2830 as BoE prepares for further policy-tightening

The GBP/USD pair has printed a fresh annual high at 1.2830 in the early American session. The Cable has shown resilience as the Bank of England (BoE) is expected to raise interest rates further to sharpen its quantitative tools in the battle against United Kingdom’s stubborn inflation. Read More...
 

GBP/USD could advance to 1.2900 near term – UOB

Extra gains could see GBP/USD revisiting the 1.2900 region in the next few weeks, according to UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang. Read More...

GBP/USD

Overview
Today last price1.2834
Today Daily Change0.0050
Today Daily Change %0.39
Today daily open1.2784
 
Trends
Daily SMA201.2476
Daily SMA501.2484
Daily SMA1001.2319
Daily SMA2001.2039
 
Levels
Previous Daily High1.2786
Previous Daily Low1.263
Previous Weekly High1.259
Previous Weekly Low1.2369
Previous Monthly High1.268
Previous Monthly Low1.2308
Daily Fibonacci 38.2%1.2726
Daily Fibonacci 61.8%1.2689
Daily Pivot Point S11.268
Daily Pivot Point S21.2577
Daily Pivot Point S31.2524
Daily Pivot Point R11.2836
Daily Pivot Point R21.2889
Daily Pivot Point R31.2993
 

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