- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- GBP/USD Price Analysis: Climbs to 4-week high, buyers target 1.2900
GBP/USD Price Analysis: Climbs to 4-week high, buyers target 1.2900
- GBP/USD continued to edge higher for eight straight days,
- US economic docket led by Fed Chair Powell and inflation data to lay GBP/USD’s path.
- The pair is bullish-biased, with buyers set to test 1.2900.
The Pound Sterling begins the week on a higher note and posted gains of more than 0.20%, as the Greenback continued to edge lower, amid increasing expectations that the Federal Reserve could cut borrowing costs in September. A busy week in the US docket will feature Fed Chair Jerome Powell's speeches at the US Congress, while inflation data on Wednesday will lay the path for the upcoming Fed decision. The GBP/USD trades at 1.2844 at around four-week highs.
GBP/USD Price Analysis: Technical outlook
From a technical perspective, the GBP/USD pair has made a significant move. It has broken a downslope resistance trendline that dates to the August 2023 highs. This trendline has now become a support level, following the pair's clearance of the 1.2750 psychological level.
Momentum suggests that buyers could push the exchange rate higher, as depicted by the Relative Strength Index (RSI) in bullish territory.
This would put the year-to-date (YTD) high of 1.2893 back into play, and further Cable’s strength could push the pair above 1.2900, with buyers setting their sights on the July 27, 2023, high of 1.2995.
For a bearish continuation, the first support to be taken would be the 50-day moving average (DMA) at 1.2678, followed by the 100-DMA at 1.2650, and the latest cycle low being the Jun 27 low of 1.2612.
GBP/USD Price Action – Daily Chart
British Pound PRICE Today
The table below shows the percentage change of British Pound (GBP) against listed major currencies today. British Pound was the strongest against the Swiss Franc.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.05% | -0.16% | -0.11% | -0.09% | 0.03% | -0.04% | 0.13% | |
| EUR | -0.05% | -0.01% | 0.16% | 0.17% | 0.14% | 0.25% | 0.41% | |
| GBP | 0.16% | 0.01% | 0.14% | 0.20% | 0.15% | 0.26% | 0.42% | |
| JPY | 0.11% | -0.16% | -0.14% | 0.02% | 0.16% | 0.23% | 0.29% | |
| CAD | 0.09% | -0.17% | -0.20% | -0.02% | 0.08% | 0.06% | 0.24% | |
| AUD | -0.03% | -0.14% | -0.15% | -0.16% | -0.08% | 0.11% | 0.27% | |
| NZD | 0.04% | -0.25% | -0.26% | -0.23% | -0.06% | -0.11% | 0.16% | |
| CHF | -0.13% | -0.41% | -0.42% | -0.29% | -0.24% | -0.27% | -0.16% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the British Pound from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent GBP (base)/USD (quote).
© 2000-2024. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
