Pound Sterling Price News and Forecast: GBP/USD sticks to the range bound theme

FXStreet Team FXStreet

GBP/USD Forecast: Pound Sterling remains fragile in risk-averse environment

GBP/USD closed the previous week virtually unchanged following a steady rebound in the second half of the week. The intense flight to safety at the beginning of the new week, however, caused the pair to open with a bearish gap and decline below 1.2200. Read more...

GBP/USD sticks to the range bound theme – UOB

In the view of Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia at UOB Group, GBP/USD is still seen navigating the 1.2030-1.2270 rang for the time being. Read more...

GBP/USD manages to hold above 1.2200, bulls remain on the sidelines amid geopolitical tensions

The GBP/USD pair attracts some dip-buying following a modest bearish gap opening to sub-1.2200 levels on the first day of a new week and moves back closer to a one-week high touched on Friday. Spot prices currently trade around the 1.2220-1.2225 area and remain at the mercy of the US Dollar (USD) price dynamics. Read more...

GBP/USD

Overview
Today last price	1.2197
Today Daily Change	-0.0040
Today Daily Change %	-0.33
Today daily open	1.2237

Trends
Daily SMA20	1.2279
Daily SMA50	1.2517
Daily SMA100	1.2607
Daily SMA200	1.2439

Levels
Previous Daily High	1.2262
Previous Daily Low	1.2106
Previous Weekly High	1.2262
Previous Weekly Low	1.2037
Previous Monthly High	1.2713
Previous Monthly Low	1.2111
Daily Fibonacci 38.2%	1.2202
Daily Fibonacci 61.8%	1.2165
Daily Pivot Point S1	1.2141
Daily Pivot Point S2	1.2046
Daily Pivot Point S3	1.1986
Daily Pivot Point R1	1.2297
Daily Pivot Point R2	1.2357
Daily Pivot Point R3	1.2453

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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