Pound Sterling Price News and Forecast: GBP/USD trips down on woes about global economic growth


GBP/USD trips down on woes about global economic growth, also on a solid USD

GBP/USD dropped from around weekly highs nearby the 1.2780s due to flows towards safe-haven currencies like the US Dollar (USD), as data from the second largest economy reignited woes for a worldwide economic deceleration. At the time of writing, the GBP/USD exchanges hands at 1.2737, down 0.36%, in the mid-North American session. Read More...
GBP/USD Daily chart

Pound Sterling slumps on hopes of further policy tightening

The Pound Sterling (GBP) witnesses selling pressure as higher interest rates by the Bank of England (BoE) elevate the burden on the United Kingdom’s housing sector, hiring trend, and factory activities. The GBP/USD pair faces pressure as BoE policymakers keep the door open for further policy tightening so that inflation returns to 2%. Read More...
 

GBP/USD: A drop to 1.2580 runs out of steam – UOB

The likelihood of further weakness in GBP/USD now appears mitigated according to UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang. Read More...

GBP/USD

Overview
Today last price 1.2737
Today Daily Change -0.0047
Today Daily Change % -0.37
Today daily open 1.2784
 
Trends
Daily SMA20 1.289
Daily SMA50 1.2744
Daily SMA100 1.2591
Daily SMA200 1.2324
 
Levels
Previous Daily High 1.2789
Previous Daily Low 1.2713
Previous Weekly High 1.2873
Previous Weekly Low 1.2621
Previous Monthly High 1.3142
Previous Monthly Low 1.2659
Daily Fibonacci 38.2% 1.276
Daily Fibonacci 61.8% 1.2742
Daily Pivot Point S1 1.2735
Daily Pivot Point S2 1.2686
Daily Pivot Point S3 1.2658
Daily Pivot Point R1 1.2811
Daily Pivot Point R2 1.2839
Daily Pivot Point R3 1.2888

 

 

 
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