Pound Sterling Price News and Forecast: GBP/USD stabilizes above 1.2300

FXStreet Team FXStreet

GBP/USD stabilizes above 1.2300 after strong US-UK data, as US ceiling talks continued

GBP/USD regained some composture past the mid-North American session and bounced off the weekly lows, clinging above the 1.2300 figure amidst a week that witnessed solid US and UK data. Therefore, the GBP/USD stays positive in the day, gains 0.19%, and trades around 1.2340s. Read More...

GBP/USD: Recovery runs out of steam near the 1.2400 hurdle

The British pound regains poise and motivates GBP/USD to reclaim ground lost and advance to the vicinity of the 1.2400 mark at the end of the week. Read More...

GBP/USD clings to gains above 1.2350, lacks follow-through ahead of US PCE Price Index

The GBP/USD pair gains some positive traction on Friday and snaps a three-day losing streak to the 1.2300 neighbourhood, or its lowest level since early April touched the previous day. Spot prices stick to intraday gains through the first half of the European session and currently trade around the 1.2360 region, up over 0.30% for the day. Read More...

GBP/USD

Overview
Today last price	1.235
Today Daily Change	0.0029
Today Daily Change %	0.24
Today daily open	1.2321

Trends
Daily SMA20	1.2501
Daily SMA50	1.2432
Daily SMA100	1.2285
Daily SMA200	1.1976

Levels
Previous Daily High	1.2387
Previous Daily Low	1.2308
Previous Weekly High	1.2547
Previous Weekly Low	1.2392
Previous Monthly High	1.2584
Previous Monthly Low	1.2275
Daily Fibonacci 38.2%	1.2338
Daily Fibonacci 61.8%	1.2357
Daily Pivot Point S1	1.229
Daily Pivot Point S2	1.226
Daily Pivot Point S3	1.2211
Daily Pivot Point R1	1.237
Daily Pivot Point R2	1.2418
Daily Pivot Point R3	1.2449

Author

FXStreet Team

FXStreet

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