Pound Sterling Price News and Forecast: GBP/USD retreats below 1.2700 due to Fed Williams comments

FXStreet Team FXStreet

GBP/USD retreats below 1.2700 due to Fed Williams comments

GBP/USD falls in the mid-North American session after reaching a four-month high of 1.2793, losing 0.43%, slipping below the 1.2700 figure. At the time of writing, the major is trading at 1.2693. Read More...

GBP/USD

Overview
Today last price	1.2699
Today Daily Change	-0.0073
Today Daily Change %	-0.57
Today daily open	1.2772

Trends
Daily SMA20	1.2597
Daily SMA50	1.2379
Daily SMA100	1.2454
Daily SMA200	1.25

Levels
Previous Daily High	1.2794
Previous Daily Low	1.2612
Previous Weekly High	1.2724
Previous Weekly Low	1.2502
Previous Monthly High	1.2733
Previous Monthly Low	1.2096
Daily Fibonacci 38.2%	1.2725
Daily Fibonacci 61.8%	1.2682
Daily Pivot Point S1	1.2658
Daily Pivot Point S2	1.2544
Daily Pivot Point S3	1.2476
Daily Pivot Point R1	1.284
Daily Pivot Point R2	1.2908
Daily Pivot Point R3	1.3022

GBP/USD remains capped below 1.2800 following mixed UK data

The Sterling bounced higher following the release of the UK S&P Global/CIPS PMI figures on Friday although it remains unable to find a meaningful acceptance in the 1.2800 area. Read More...

GBP/USD Price Analysis: Remains calm near 1.2770 ahead of UK, US PMI data

GBP/USD grapples to continue its winning streak that began on Monday, trading around 1.2770 during the Asian hours on Friday. The GBP/USD pair receives a boost from the hawkish stance of the Bank of England (BoE). Read More...

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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