GBP/USD breaks its three-day losing streak, trading around 1.2640 during the early European hours on Monday. The daily chart analysis shows an ongoing bearish bias as the pair is confined within the descending channel pattern.
The 14-day Relative Strength Index (RSI) is positioned below the 50 level, strengthening the bearish sentiment. Additionally, the GBP/USD pair falls below the nine- and 14-day Exponential Moving Average (EMA), which indicates that the short-term price momentum is weaker, signaling the potential for continued price weakness.
On the downside, the GBP/USD pair may navigate the region around its four-week low of 1.2487, which was recorded on November 22. A break below this level could strengthen the bearish bias and put downward pressure on the pair to approach the lower boundary of the descending channel, aligned with its yearly low at 1.2299, reached on April 22.
The GBP/USD pair may find initial resistance around the descending channel’s upper boundary, aligned with the nine-day EMA at the 1.2684 level. A break above this level could weaken the bearish sentiment and support the pair to explore the area around its five-week high of 1.2811 level, marked on December 6.
The table below shows the percentage change of British Pound (GBP) against listed major currencies today. British Pound was the strongest against the US Dollar.
USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
---|---|---|---|---|---|---|---|---|
USD | -0.12% | -0.14% | -0.09% | -0.06% | -0.18% | -0.26% | -0.28% | |
EUR | 0.12% | 0.04% | 0.13% | 0.13% | 0.12% | -0.05% | -0.10% | |
GBP | 0.14% | -0.04% | -0.04% | 0.09% | 0.08% | -0.12% | -0.14% | |
JPY | 0.09% | -0.13% | 0.04% | 0.02% | -0.07% | -0.14% | -0.10% | |
CAD | 0.06% | -0.13% | -0.09% | -0.02% | -0.07% | -0.21% | -0.23% | |
AUD | 0.18% | -0.12% | -0.08% | 0.07% | 0.07% | -0.17% | -0.22% | |
NZD | 0.26% | 0.05% | 0.12% | 0.14% | 0.21% | 0.17% | -0.04% | |
CHF | 0.28% | 0.10% | 0.14% | 0.10% | 0.23% | 0.22% | 0.04% |
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.