The Pound Sterling begins the week on a positive note, yet remains hovering around the 1.3200 figure, unable to break last Friday new year-to-date (YTD) high of 1.3230, and trades at 1.3204 almost flat.
Exhaustion signals as GBP/USD stalls after a 400-pip rally, with RSI indicating overbought conditions. A daily close below 1.3200 could trigger a pullback, with support levels at 1.3130, 1.3100, and further down at 1.3043. If the pair breaks above 1.3230, resistance levels to watch are 1.3250 and the psychological 1.3300 mark. The Pound Sterling begins the week on a positive note, yet remains hovering around the 1.3200 figure, unable to break last Friday new year-to-date high of 1.
In further weakness, the GBP/USD might hit 1.3043, and July’s 17 daily high turned support. On the other hand, if GBP/USD rises past 1.3230, the next resistance would be 1.3250, followed by the 1.3300 mark. 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 0.12% 0.09% -0.04% -0.32% 0.
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