The Pound Sterling strives to break above the 20-day Exponential Moving Average (EMA), which trades around 1.2356, against ...
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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 ...
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.
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.
The Pound to Euro (GBP/EUR) exchange rate retreated to 1.2040 while the Pound to Dollar (GBP/USD) exchange rate dipped to 7-month lows at 1.2470. There are increased market concerns that the UK ...
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 ...
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