Pound Sterling Price News and Forecast: GBP/USD remains on the defensive below 1.2150


GBP/USD remains on the defensive below 1.2150, Fed, BoE rate decisions eyed

The GBP/USD pair remains on the defensive during the early Asian session on Wednesday. The major pair faces rejection near the 1.2200 mark. Market players await the highly anticipated Federal Open Market Committee (FOMC) policy meeting on Wednesday ahead of the Bank of England (BoE) on Thursday. These events might trigger the volatility in the market. GBP/USD currently trades near 1.2139, losing 0.11% on the day. Read More...
 

GBP/USD fails to hold above the 20-day SMA, eyes on BoE and Fed

In Tuesday’s session, the GBP/USD traded in the 1.2120 - 1.2200 range, closing with mild losses around 1.2150. On the USD side, it gained momentum with the DXY Index, advancing to 106.70, mainly driven by a cautious market mood. In that sense, as the economic calendar was empty with no relevant reports released by the US or the UK, the Greenback’s strength explained the pair’s trajectory. Read More...

Pound Sterling falls sharply on UK slowdown fears, BoE policy in focus

The Pound Sterling (GBP) drops vertically as investors' risk appetite fades due to upside risks to Middle East tensions. Sterling weakens against the US Dollar as the latter recovers ahead of the interest rate decision by the Federal Reserve (Fed).  Read More...

GBP/USD

Overview
Today last price 1.2142
Today Daily Change -0.0011
Today Daily Change % -0.09
Today daily open 1.2153
 
Trends
Daily SMA20 1.2183
Daily SMA50 1.2329
Daily SMA100 1.2562
Daily SMA200 1.2438
 
Levels
Previous Daily High 1.2201
Previous Daily Low 1.212
Previous Weekly High 1.2289
Previous Weekly Low 1.207
Previous Monthly High 1.2337
Previous Monthly Low 1.2037
Daily Fibonacci 38.2% 1.2151
Daily Fibonacci 61.8% 1.217
Daily Pivot Point S1 1.2115
Daily Pivot Point S2 1.2077
Daily Pivot Point S3 1.2034
Daily Pivot Point R1 1.2196
Daily Pivot Point R2 1.2239
Daily Pivot Point R3 1.2277

 

 

 
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