Pound Sterling Price News and Forecast: GBP/USD resumes a downtrend amid softish US data

FXStreet Team FXStreet

GBP/USD resumes a downtrend amid softish US data

The Pound Sterling is set to finish the week with losses, yet extended its downtrend for two straight days after piercing the 1.2800 figure. The GBP/USD exchanges hands at 1.2731, post losses of 0.16%. Read More...

Pound Sterling refreshes weekly low on dismal market sentiment

The Pound Sterling (GBP) declines in Friday’s European session as dismal market sentiment dampens the appeal of risk-sensitive assets. The GBP/USD pair refreshes weekly low near 1.2730 as the US Dollar strengthens on increasing expectations for the Federal Reserve (Fed), keeping interest rates unchanged in the range of 5.25%-5.50% in the June policy meeting. Read More...

GBP/USD hangs near one-week low, looks to US macro data for fresh impetus

The GBP/USD pair continues losing ground for the second straight day – also marking the fourth day of a negative move in the previous five – and drops to over a one-week low during the Asian session on Friday. Spot prices currently trade around the 1.2735 region and seem vulnerable to slide further amid some follow-through US Dollar (USD) buying. Read More...

GBP/USD

Overview
Today last price	1.2729
Today Daily Change	-0.0025
Today Daily Change %	-0.20
Today daily open	1.2754

Trends
Daily SMA20	1.2702
Daily SMA50	1.2686
Daily SMA100	1.2608
Daily SMA200	1.2591

Levels
Previous Daily High	1.2823
Previous Daily Low	1.2731
Previous Weekly High	1.2894
Previous Weekly Low	1.2652
Previous Monthly High	1.2773
Previous Monthly Low	1.2518
Daily Fibonacci 38.2%	1.2766
Daily Fibonacci 61.8%	1.2788
Daily Pivot Point S1	1.2715
Daily Pivot Point S2	1.2677
Daily Pivot Point S3	1.2623
Daily Pivot Point R1	1.2807
Daily Pivot Point R2	1.2861
Daily Pivot Point R3	1.29

Author

FXStreet Team

FXStreet

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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