Pound Sterling Price News and Forecast: GBP/USD remains above 1.3800, for now

FXStreet Team FXStreet

GBP/USD: Trading recommendations

GBP/USD maintains positive long-term dynamics, trading in the zone above the long-term support levels 1.3800, 1.3670. The break of the important short-term resistance level 1.3913 will be the second signal confirming the resumption of the uptrend. And an increase in the zone above the resistance levels 1.3970 (Fibonacci level 38.2% of the correction to the decline of the GBP/USD pair in the wave that began in July 2014 near the level 1.7200), 1.3998 will indicate the renewal of the GBP/USD bullish trend. Read more...

GBP/USD Forecast: Remains above 1.3800, for now

The GBP/USD pair dropped on Wednesday toward the June low. The decline found support around 1.3800. The pound outperformed on European hours, with cable hitting a daily high at 1.3872 before turning to the downside. The strength of the dollar was enough to push GBP/USD to the downside. Read more...

GBP/USD drops to weekly lows near 1.3800 as the US dollar soars

The GBP/USD failed to hold to gains and tumbled toward 1.3800 amid a stronger US dollar during the American session. However, the greenback strengthened on the back of end-of-month flows. Cable is under pressure, trading slightly above the 1.3800 zone. The greenback remains strong with USD/JPY above 111.00 and the DXY up 0.40%, at the highest since April, even as US yields drop and amid mixed results in Wall Street. End-of-month flows contribute to the dollar’s strength. Read more...

GBP/USD

Overview
Today last price	1.3832
Today Daily Change	-0.0004
Today Daily Change %	-0.03
Today daily open	1.3836

Trends
Daily SMA20	1.4023
Daily SMA50	1.4032
Daily SMA100	1.3952
Daily SMA200	1.3634

Levels
Previous Daily High	1.3886
Previous Daily Low	1.3814
Previous Weekly High	1.4001
Previous Weekly Low	1.3787
Previous Monthly High	1.4234
Previous Monthly Low	1.3801
Daily Fibonacci 38.2%	1.3842
Daily Fibonacci 61.8%	1.3859
Daily Pivot Point S1	1.3805
Daily Pivot Point S2	1.3774
Daily Pivot Point S3	1.3733
Daily Pivot Point R1	1.3877
Daily Pivot Point R2	1.3917
Daily Pivot Point R3	1.3948

Author

FXStreet Team

FXStreet

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