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Pound Sterling Price News and Forecast: GBP/USD rises on robust UK retail sales despite mixed US data

Pound Sterling Price News and Forecast: GBP/USD rises on robust UK retail sales despite mixed US data
FXStreet TeamFXStreet TeamFXStreet

GBP/USD rises on robust UK retail sales despite mixed US data

The Pound Sterling rises during the mid-North American session on Friday, trading at 1.2617, gaining 0.14% at the time of writing. Economic data from the United States (US) briefly capped the upside, but a stronger-than-expected UK retail sales report bolstered the GBP/USD pair for the second straight day. Read More...

GBP/USD remains capped below the 1.2600 mark following UK Retail Sales data

The GBP/USD pair remains capped below the 1.2600 psychological mark during the early European session on Friday. The upbeat UK Retail Sales data failed to boost the Pound Sterling (GBP) as investors are still concerned about the UK growth numbers for Q4, which indicated that the UK economy entered a technical recession. GBP/USD currently trades near 1.2590, losing 0.04% on the day. Read More...
 

GBP/USD struggles to find acceptance above 1.2600, trades in the red ahead of UK Retail Sales

The GBP/USD pair continues with its struggle to find acceptance or build on the momentum beyond the 1.2600 mark and meets with some supply during the Asian session on Friday. Spot prices currently trade around the 1.2585 region, down less than 0.10% for the day, and remain on track to register modest weekly losses. Read More...

GBP/USD

Overview
Today last price1.2618
Today Daily Change0.0021
Today Daily Change %0.17
Today daily open1.2597
 
Trends
Daily SMA201.2654
Daily SMA501.2676
Daily SMA1001.2504
Daily SMA2001.2565
 
Levels
Previous Daily High1.2601
Previous Daily Low1.2541
Previous Weekly High1.2643
Previous Weekly Low1.2518
Previous Monthly High1.2786
Previous Monthly Low1.2597
Daily Fibonacci 38.2%1.2578
Daily Fibonacci 61.8%1.2564
Daily Pivot Point S11.2558
Daily Pivot Point S21.252
Daily Pivot Point S31.2499
Daily Pivot Point R11.2618
Daily Pivot Point R21.2639
Daily Pivot Point R31.2677
 

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