Pound Sterling Price News and Forecast: GBP/USD prints fresh monthly highs at the 1.3520 zone


GBP/USD prints fresh monthly highs at the 1.3520 zone

The GBP/USD rebounded at 1.3480 and rose to 1.3521, reaching a new monthly high. It remains near the top, still unable to confirm levels above 1.3515/20 but with the bullish momentum intact. Read More...

GBP/USD

Overview
Today last price 1.3501
Today Daily Change 0.0016
Today Daily Change % 0.12
Today daily open 1.3485
 
Trends
Daily SMA20 1.3302
Daily SMA50 1.3431
Daily SMA100 1.3573
Daily SMA200 1.3749
 
Levels
Previous Daily High 1.35
Previous Daily Low 1.3409
Previous Weekly High 1.3438
Previous Weekly Low 1.3174
Previous Monthly High 1.3698
Previous Monthly Low 1.3194
Daily Fibonacci 38.2% 1.3465
Daily Fibonacci 61.8% 1.3443
Daily Pivot Point S1 1.3429
Daily Pivot Point S2 1.3373
Daily Pivot Point S3 1.3338
Daily Pivot Point R1 1.352
Daily Pivot Point R2 1.3555
Daily Pivot Point R3 1.3611

 

GBP/USD Price Analysis: Recovers early lost ground, bulls await a move beyond 1.3500 mark

The GBP/USD pair recovered intraday losses and was last seen trading in the neutral territory, just below the key 1.3500 psychological mark, or the monthly high touched earlier this Thursday. Read More...

GBP/USD Forecast: Buyers lose interest near 1.3500

GBP/USD has reversed its direction after rising to its highest level in more than a month at 1.3505 during the Asian trading hours. The dollar's market valuation continues to drive the pair's action heading into 2022 and volatility could increase ahead of the New Year holiday. Read More...

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Feed news Join Telegram

Recommended content


Recommended content

Editors’ Picks

EUR/USD falls toward 0.9600 amid renewed dollar strength

EUR/USD falls toward 0.9600 amid renewed dollar strength

EUR/USD has turned south and declined toward 0.9600 in the second half of the day on Monday. A sharp decline witnessed in the GBP/USD pair and the souring market mood provided a boost to the dollar, lifting the US Dollar Index back above 114.00. 

EUR/USD News

GBP/USD falls below 1.0700 following BoE statement

GBP/USD falls below 1.0700 following BoE statement

GBP/USD came under renewed bearish pressure and slumped below 1.0700 during the American trading hours. In a statement published on Monday, the Bank of England said that they welcome the government's commitment to sustainable economic growth, triggering another GBP selloff.

GBP/USD News

Gold could soon challenge the $1,600 level

Gold could soon challenge the $1,600 level

Demand for the dollar continued at the beginning of the week, resulting in XAUUSD plummeting to $1,626.67, its lowest since April 2020. Concerns about potential recessions undermined the dismal market’s mood, pushing the greenback higher despite its extreme overbought conditions.

Gold News

Bitcoin: Investors need to prepare for volatile breakout

Bitcoin: Investors need to prepare for volatile breakout

Bitcoin price has been devoid of volatility for the last week and has been in a tight consolidation without directional bias whatsoever. This range bound move has formed a triangle pattern which could break either way. 

Read more

Three stocks that will be in the news this week: Amazon, Nike, Micron Technology

Three stocks that will be in the news this week: Amazon, Nike, Micron Technology

The S&P 500 index lost 4.1% last week and left traders melancholy with another week to go in this dreadful September. The S&P 500 index is down 6.6% so far in the month that is already known for poor performance, and most seem to think the pain will continue. 

Read more

Forex MAJORS

Cryptocurrencies

Signatures