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Pound Sterling Price News and Forecast: GBP/USD: Bounces after printing a doji, as morning-star looms

GBP/USD Price Analysis: Bounces after printing a doji, as morning-star looms

GBP/USD registered modest gains on Friday after a soft US jobs data report spurred speculations the US Federal Reserve (Fed) might end its tightening cycle. Nevertheless, failure to crack the 1.2800 figure would likely keep the Sterling (GBP) pressured in the medium term. The GBP/USD trades at 1.2755, a gain of 0.34% at the time of writing. Read More...
GBP/USD Daily chart

Pound Sterling soars amid mixed US Employment report, Bailey's hawkish guidance

The Pound Sterling (GBP) climbs sharply near 1.2750, capitalizing on the recovery move, as the market mood starts reviving and the Bank of England (BoE) delivers a hawkish interest rate decision. The GBP/USD pair eyes more gains as the BoE raises interest rates by 25 basis points (bps) to 5.25%, the highest in the past 15 years. The central bank leaves the door open for further policy tightening as inflation is extremely far from the desired rate of 2%. Read More...

GBP/USD risks a probable drop to 1.2580 – UOB

Further losses now appear on the table for GBP/USD in the short-term horizon, according to Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia at UOB Group. Read More...

GBP/USD

Overview
Today last price1.2751
Today Daily Change0.0042
Today Daily Change %0.33
Today daily open1.2709
 
Trends
Daily SMA201.2898
Daily SMA501.2728
Daily SMA1001.258
Daily SMA2001.2311
 
Levels
Previous Daily High1.2728
Previous Daily Low1.2621
Previous Weekly High1.2996
Previous Weekly Low1.2763
Previous Monthly High1.3142
Previous Monthly Low1.2659
Daily Fibonacci 38.2%1.2662
Daily Fibonacci 61.8%1.2687
Daily Pivot Point S11.2643
Daily Pivot Point S21.2578
Daily Pivot Point S31.2536
Daily Pivot Point R11.2751
Daily Pivot Point R21.2793
Daily Pivot Point R31.2858

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