The Pound Sterling extended its losses against the US Dollar for two straight days, with sellers clearing the 1.3000 figure decisively, which could pave the way for further downside.
GBP/USD falls 0.15%, decisively breaking below the 1.3000 mark and testing the 100-DMA for the first time since August 2024. Momentum signals bearish control, with the RSI nearing recent lows, potentially pushing the pair toward the 1.2915/20 support zone. A break below 1.2915 could lead to a test of key support at 1.2798, while resistance lies at 1.2990 and the 50-DMA at 1.3135. At the time of writing, the GBP/USD trades at 1.2961, fluctuating around the 100-day moving average , down 0.15%.
2798 Conversely, if buyers stepped in and push the exchange rate past 1.2990, a move toward 1.3000 is on the cards. The next major resistance is found at the 50-DMA at 1.3135. GBP/USD Price Chart – Daily 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 Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD 0.08% 0.11% 0.09% -0.06% -0.37% -0.28% -0.08% EUR -0.08% 0.04% 0.03% -0.
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