GBP/USD fails to hold above the 20-day SMA, eyes on BoE and Fed

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mentum with the DXY Index, advancing to 10670, mainly driven by a cautious market mood In that sense, as the economic calendar was empty with no relevant reports released by the US or the UK, the Greenback’s strength explained the pair’s trajectory Read More Pound Sterling falls sharply on UK slowdown fears, BoE policy in focus The Pound Sterling (GBP) drops vertically as investors’risk appetitefadesdue toupside risks to Middle East tensions Sterling weakens against the US Dollar as the…

mentum with the DXY Index, advancing to 10670, mainly driven by a cautious market mood In that sense, as the economic calendar was empty with no relevant reports released by the US or the UK, the Greenback’s strength explained the pair’s trajectory Read More Pound Sterling falls sharply on UK slowdown fears, BoE policy in focus The Pound Sterling (GBP) drops vertically as investors’risk appetitefadesdue toupside risks to Middle East tensions Sterling weakens against the US Dollar as the latter recovers ahead of theinterest rate decisionby the Federal Reserve (Fed) Read More GBP/USD now moved into a consolidative phase – UOB Economist Lee Sue Ann and Markets Strategist Quek Ser at UOB Group suggestGBP/USDis now seen trading within the 12085-12240 band in the next weeks Read More GBP/USD Overview Today last price 12149 Today Daily Change -00019 Today Daily Change % -016 Today daily open 12168 Trends Daily SMA20 12179 Daily SMA50 1234 Daily SMA100 12567 Daily SMA200 12438 Levels Previous Daily High 12175 Previous Daily Low 1209 Previous Weekly High 12289 Previous Weekly Low 1207 Previous Monthly High 12713 Previous Monthly Low 12111 Daily Fibonacci 382% 12143 Daily Fibonacci 618% 12123 Daily Pivot Point S1 12114 Daily Pivot Point S2 1206 Daily Pivot Point S3 12029 Daily Pivot Point R1 12198 Daily Pivot Point R2 12229 Daily Pivot Point R3 12283

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