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The GBP/USD pair kicks off the new week on a slightly positive note and reverses a part of Friday's decline, though the uptick lacks follow-through or bullish conviction. Spot prices currently trade ...
On the upside, 1.2225 (50-period SMA) aligns as immediate resistance before 1.2270 (Fibonacci 23.6% retracement of the latest downtrend) and 1.2300 (static level, round level). Looking south, first ...
Pound sterling fell sharply at the ... across the Atlantic contributed to a sell-off. Sterling fell 0.9 against the dollar to trade around $1.24, its lowest position since April 2024.
Post-EU referendum price action for the Pound Sterling (GBP) has seen GBP-crosses swing rapidly, often by upwards of 1% per day as markets react to a constant stream of Brexit related developments.
Lose-Lose Sterling Scenario? Foreign exchange analysts at UBS have adjusted their forecasts and now expect the Pound to Dollar exchange rate (GBPUSD) will dip below 1.20 short-term before a move back ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.