GBP/USD Price Forecast: Hits five-day peak above 1.3200

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GBP/USD Price Forecast: Hits five-day peak above 1.3200
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The Pound Sterling rallied in early trading during the North American session against the Greenback, registering gains of over 0.60% and hitting a five-day peak of 1.3214.

GBP/USD nears 1.3239, with potential to test the YTD high at 1.3266 and March 2022 peaks. Bulls bought the dip at 1.3001, fueling the rally to current levels. Failure at 1.3200 could see a pullback towards 1.3150, with further downside risks at 1.3100 and 1.3044. At the time of writing, the GBP/USD trades at 1.3199. GBP/USD Price Forecast: Technical outlook The GBP/USD has risen sharply, as bullish momentum picked up, as portrayed by the Relative Strength Index .

3044, and the July 17 high turned support. 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 US Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD -0.42% -0.54% -0.21% -0.02% -0.48% -0.41% -0.31% EUR 0.42% -0.18% 0.17% 0.37% -0.12% -0.04% 0.07% GBP 0.54% 0.18% 0.28% 0.54% 0.06% 0.15% 0.26% JPY 0.21% -0.17% -0.28% 0.20% -0.21% -0.17% -0.15% CAD 0.

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