The Pound Sterling climbed 0.30% against the Greenback on Monday amid thin liquidity conditions in observance of UK and US holidays.
GBP/USD registers solid gains on Monday on thin volume. From a daily chart perspective, the major could challenge the YTD high and 1.2900. Short-term, as RSI is overbought, look for a pullback to 1.2750 and 1.2700. At the time of writing, the GBP/USD trades at 1.2772 after hitting a daily low of 1.2728. GBP/USD Price Analysis: Technical outlook The GBP/USD daily chart depicts the pair as upward biased, aimed to challenge the March 21 cycle high at 1.2803.
2633 Daily SMA200 1.2541 Levels Previous Daily High 1.2751 Previous Daily Low 1.2676 Previous Weekly High 1.2761 Previous Weekly Low 1.2676 Previous Monthly High 1.2709 Previous Monthly Low 1.23 Daily Fibonacci 38.2% 1.2722 Daily Fibonacci 61.8% 1.2705 Daily Pivot Point S1 1.2692 Daily Pivot Point S2 1.2646 Daily Pivot Point S3 1.2617 Daily Pivot Point R1 1.2767 Daily Pivot Point R2 1.2797 Daily Pivot Point R3 1.
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