GBP/USD remains on the defensive below 1.2150

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2200 mark Market players await the highly anticipated Federal Open Market Committee (FOMC) policy meeting on Wednesday ahead of the Bank of England (BoE) on Thursday These events might trigger the volatility in the market GBP/USD currently trades near 12139, losing 011% on the day Read More GBP/USD fails to hold above the 20-day SMA, eyes on BoE and Fed In Tuesday’s session, the GBP/USD traded in the 12120 – 12200 range, closing with mild losses around 12150 On the USD side, it gained momentum…

2200 mark Market players await the highly anticipated Federal Open Market Committee (FOMC) policy meeting on Wednesday ahead of the Bank of England (BoE) on Thursday These events might trigger the volatility in the market GBP/USD currently trades near 12139, losing 011% on the day Read More GBP/USD fails to hold above the 20-day SMA, eyes on BoE and Fed In Tuesday’s session, the GBP/USD traded in the 12120 – 12200 range, closing with mild losses around 12150 On the USD side, it gained momentum 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 Overview Today last price 12142 Today Daily Change -00011 Today Daily Change % -009 Today daily open 12153 Trends Daily SMA20 12183 Daily SMA50 12329 Daily SMA100 12562 Daily SMA200 12438 Levels Previous Daily High 12201 Previous Daily Low 1212 Previous Weekly High 12289 Previous Weekly Low 1207 Previous Monthly High 12337 Previous Monthly Low 12037 Daily Fibonacci 382% 12151 Daily Fibonacci 618% 1217 Daily Pivot Point S1 12115 Daily Pivot Point S2 12077 Daily Pivot Point S3 12034 Daily Pivot Point R1 12196 Daily Pivot Point R2 12239 Daily Pivot Point R3 12277

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