Pound Sterling Price News and Forecast: GBP/USD struggles to recover 1.2680

FXStreet Team FXStreet

GBP/USD struggles to recover 1.2680 after UK CPI miss softens Pound Sterling bids

The GBP/USD is capped below 1.2680 after a below-expectations print of UK Consumer Price Index (CPI) inflation sent the Pound Sterling (GBP) lower against the US Dollar (USD), dragging the pair down through the 1.2270 handle and pinging 1.2630. Read More...

Pound Sterling remains on backfoot on surprisingly soft UK Inflation

The Pound Sterling (GBP) fell sharply after the United Kingdom’s Office for National Statistics (ONS) reported a significant decline in inflation in November. The ONS reported that lower fuel prices were major contributor to a sharp decline in price pressures. Read More...

GBP/USD moves downward near 1.2720 ahead of UK CPI, PPI data

GBP/USD retraces its recent gains registered in the previous session, edging lower near 1.2720 during the Asian session on Wednesday. The GBP/USD pair receives downward pressure ahead of the slew of economic data releases from the United Kingdom (UK) on Wednesday. Read More...

GBP/USD

Overview
Today last price	1.2666
Today Daily Change	-0.0059
Today Daily Change %	-0.46
Today daily open	1.2725

Trends
Daily SMA20	1.2624
Daily SMA50	1.2405
Daily SMA100	1.245
Daily SMA200	1.2509

Levels
Previous Daily High	1.2762
Previous Daily Low	1.2641
Previous Weekly High	1.2794
Previous Weekly Low	1.2501
Previous Monthly High	1.2733
Previous Monthly Low	1.2096
Daily Fibonacci 38.2%	1.2716
Daily Fibonacci 61.8%	1.2687
Daily Pivot Point S1	1.2656
Daily Pivot Point S2	1.2588
Daily Pivot Point S3	1.2535
Daily Pivot Point R1	1.2777
Daily Pivot Point R2	1.283
Daily Pivot Point R3	1.2899

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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