Pound Sterling Price News and Forecast: GBP/USD fails to hold above the 20-day SMA, eyes on BoE and Fed

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Pound Sterling Price News and Forecast: GBP/USD fails to hold above the 20-day SMA, eyes on BoE and Fed
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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 12120 - 12200 range, closing with mild losses around 12150 On the USD side, it gained mo

mentum with the DXY Index, advancing to 10670, 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 drops vertically as investors'risk appetitefadesdue toupside risks to Middle East tensions Sterling weakens against the US Dollar as the latter...

at UOB Group suggestGBP/USDis now seen trading within the 12085-12240 band in the next weeks Read More GBP/USD Overview Today last price 12149 Today Daily Change -00019 Today Daily Change % -016 Today daily open 12168 Trends Daily SMA20 12179 Daily SMA50 1234 Daily SMA100 12567 Daily SMA200 12438 Levels Previous Daily High 12175 Previous Daily Low 1209 Previous Weekly High 12289 Previous Weekly Low 1207 Previous Monthly High 12713 Previous Monthly Low 12111 Daily Fibonacci 382% 12143 Daily...

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