Pound Sterling Price News and Forecast: GBP/USD pound faces next hurdle at 1.2360

FXStreet Team FXStreet

Could GBP/USD fall towards 1.2225?

Looking at GBPUSD Chart, we can see that it is currently traded at the rate of 1.2299, which is close to its support level at around 1.2270. if it manages to hold its rate above that support level, then we should see it rising towards its resistance level at around 1.235 otherwise it could fall towards its next support level at around 1.2225. Read more...

GBP/USD Forecast: Pound faces next hurdle at 1.2360

GBP/USD has gained traction early Monday and touched its highest level in 10 days above 1.2300. The near-term technical outlook suggests the pair looks to stretch higher but investors might refrain from committing to additional pound gains amid political jitters. Read more...

GBP/USD surrenders modest intraday gains to one-week high and flatlines below 1.2300

The GBP/USD pair gained some positive traction on Monday and shot to over a one-week high during the early part of the European session. Spot prices, however, struggled to capitalize on the move or find acceptance above the 1.2300 mark and have now surrendered a major part of the intraday gains. Read more...

GBP/USD

Overview
Today last price	1.2255
Today Daily Change	-0.0014
Today Daily Change %	-0.11
Today daily open	1.2269

Trends
Daily SMA20	1.2375
Daily SMA50	1.2482
Daily SMA100	1.2872
Daily SMA200	1.3191

Levels
Previous Daily High	1.232
Previous Daily Low	1.2241
Previous Weekly High	1.2324
Previous Weekly Low	1.2161
Previous Monthly High	1.2667
Previous Monthly Low	1.2155
Daily Fibonacci 38.2%	1.229
Daily Fibonacci 61.8%	1.2271
Daily Pivot Point S1	1.2233
Daily Pivot Point S2	1.2197
Daily Pivot Point S3	1.2154
Daily Pivot Point R1	1.2313
Daily Pivot Point R2	1.2357
Daily Pivot Point R3	1.2393

Author

FXStreet Team

FXStreet

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