Pound Sterling Price News and Forecast: GBP/USD three-day downtrend stalls, as bulls eye 1.2600

FXStreet Team FXStreet

GBP/USD three-day downtrend stalls, as bulls eye 1.2600 amid speculations of Fed easing policy

The GBP/USD capped its three-day decline, rose from weekly lows reached at around 1.2544, and exchanges hands near the 1.2600 figure, posting modest gains of 0.23% late in the North American session. Read More...

GBP/USD recovery attempts remain capped below 1.2600 so far

The Pound’s is trying to regain some ground in early European session after bouncing from session lows at 1.2540 although 1.2600 seems a tough resistance area. Read More...

GBP/USD extends its downside above the mid-1.2500s, US Jobless Claims data eyed

The GBP/USD pair extends its downside above the mid-1.2500s during the early Asian trading hours on Thursday. The downtick of the pair is backed by the firmer US Dollar (USD) broadly. In the absence of economic data released from the UK docket later this week, the GBP/USD pair remains at the mercy of USD price dynamics. At press time, the major pair is trading at 1.2560, gaining 0.03% for the day. Read More...

GBP/USD

Overview
Today last price	1.2594
Today Daily Change	0.0038
Today Daily Change %	0.30
Today daily open	1.2556

Trends
Daily SMA20	1.2516
Daily SMA50	1.2324
Daily SMA100	1.2469
Daily SMA200	1.248

Levels
Previous Daily High	1.2614
Previous Daily Low	1.2552
Previous Weekly High	1.2733
Previous Weekly Low	1.2591
Previous Monthly High	1.2733
Previous Monthly Low	1.2096
Daily Fibonacci 38.2%	1.2576
Daily Fibonacci 61.8%	1.259
Daily Pivot Point S1	1.2534
Daily Pivot Point S2	1.2512
Daily Pivot Point S3	1.2472
Daily Pivot Point R1	1.2596
Daily Pivot Point R2	1.2636
Daily Pivot Point R3	1.2658

Author

FXStreet Team

FXStreet

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