Pound Sterling Price News and Forecast: GBP/USD hits a three-week low below 1.2400 on robust US data


GBP/USD hits a three-week low below 1.2400 on robust US data

GBP/USD prolongs its falls past the 1.2400 figure, reaching a new three-week low at around 1.2397, as the Pound Sterling takes a hit, taking advantage of a light economic calendar in the United Kingdom (UK). Fears of a possible default in the United States (US) are fading, as talks between US Congress leaders and the White House showed hope that an agreement would emerge before June 1. The GBP/USD is trading at 1.2423 after hitting a daily high of 1.2492. Read More...

 

GBP/USD Price Analysis: Hits fresh multi-week low, bears await a break below 50-day SMA

The GBP/USD pair comes under intense selling pressure on Thursday and drops to over a three-week low, around the 1.2415-1.2410 region during the early North American session. Read More...

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GBP/USD: A breach of 1.2400 should not be ruled out – UOB

In the opinion of UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang, GBP/USD could retreat further and break below the 1.2400 support in the near term. Read More...

GBP/USD

Overview
Today last price 1.2396
Today Daily Change -0.0091
Today Daily Change % -0.73
Today daily open 1.2487
 
Trends
Daily SMA20 1.2519
Daily SMA50 1.2393
Daily SMA100 1.2263
Daily SMA200 1.1966
 
Levels
Previous Daily High 1.251
Previous Daily Low 1.2422
Previous Weekly High 1.268
Previous Weekly Low 1.244
Previous Monthly High 1.2584
Previous Monthly Low 1.2275
Daily Fibonacci 38.2% 1.2456
Daily Fibonacci 61.8% 1.2476
Daily Pivot Point S1 1.2436
Daily Pivot Point S2 1.2384
Daily Pivot Point S3 1.2347
Daily Pivot Point R1 1.2524
Daily Pivot Point R2 1.2562
Daily Pivot Point R3 1.2613

 

 

 
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