The Pound Sterling dropped below 1.2900 for the third consecutive day, edged lower 0.17%, and traded at 1.2881 after hitting a daily high of 1.2913.
GBP/USD dips to 1.2881, marking third day of losses, after peaking at 1.2913. Seller momentum strong as RSI falls, suggesting more downside potential. Key supports at 1.2860; below targets 1.2800, 50-DMA at 1.2773. Resistance at 1.2940 critical for bullish turn. Data from the UK wasn’t better than expected, while an outstanding growth report from the US bolstered the Greenback.
Conversely, and the path of least resistance short term, the GBP/USD first support would be 1.2860. Once surpassed, the next stop would be 1.2800, followed by the 50-day moving average at 1.2773. GBP/USD Price Action – Daily Chart British Pound PRICE Today The table below shows the percentage change of British Pound against listed major currencies today. British Pound was the strongest against the New Zealand Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD -0.18% 0.19% 0.00% 0.10% 0.46% 0.49% -0.
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