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Pound Sterling Price News and Forecast: GBP/USD tumbles below 1.3100

GBP/USD tumbles below 1.3100, as Chinese economic jitters stir safe-haven appeal

GBP/USD lost traction during the North American session, falling below the 1.3100 figure due to an adverse market mood spurred by a weaker-than-expected economic recovery in China, which triggered a flight to safe-haven assets. The GBP/USD is trading at 1.3080, down 0.08%. Read More...
GBP/USD Daily chart

Pound Sterling drives lower as caution soars ahead of inflation data

The Pound Sterling (GBP) has slipped sharply to near 1.3060 as investors are shifting their focus toward the United Kingdom Consumer Price Index (CPI) data, which will be released on Wednesday at 06:00 GMT. The GBP/USD pair has dropped as investors are hoping that core inflation will remain elevated and the Bank of England (BoE) would be forced to continue its aggressive policy-tightening spell so that inflation could return to desired levels. This would in turn dampen the economic prospects of Britain economy. Read More...

GBP/USD keeps the bullish bias above 1.3000 – UOB

Extra gains in GBP/USD are likely while above the 1.3000 hurdle, according to Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group. Read More...

GBP/USD

Overview
Today last price1.308
Today Daily Change-0.0012
Today Daily Change %-0.09
Today daily open1.3092
 
Trends
Daily SMA201.2795
Daily SMA501.262
Daily SMA1001.2461
Daily SMA2001.2201
 
Levels
Previous Daily High1.3142
Previous Daily Low1.309
Previous Weekly High1.3142
Previous Weekly Low1.275
Previous Monthly High1.2848
Previous Monthly Low1.2369
Daily Fibonacci 38.2%1.311
Daily Fibonacci 61.8%1.3122
Daily Pivot Point S11.3074
Daily Pivot Point S21.3055
Daily Pivot Point S31.3021
Daily Pivot Point R11.3127
Daily Pivot Point R21.3161
Daily Pivot Point R31.3179
 

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