Today
+0.12%
5 Days
+1.45%
1 Month
+1.80%
6 Months
+9.85%
Year to Date
+9.85%
1 Year
+8.72%
Opening Price
1.37174Previous Closing Price
1.37245The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The configuration is mixed.
below 1.3702, expect 1.3662 and 1.3638.
rebound towards 1.3815
The Pound Sterling (GBP) loses ground versus the US Dollar after hitting a new three-year peak of 1.3788, just shy of the 1.3800 figure. Economic data from the United States (US), along with dovish comments of the Bank of England’s (BoE) Governor Bailey, exerted downward pressure on the pair.
The Pound is accelerating its uptrend on Tuesday, unaffected by rather downbeat UK manufacturing PMI data.
Pound Sterling (GBP) may edge higher and test the 1.3770 level against US Dollar (USD); the major resistance at 1.3800 is probably out of reach.
EUR/GBP remains reasonably well bid as expectations for the BoE policy rate, like the Fed rate, have been priced lower over the last month, ING's FX analyst Chris Turner notes
United Kingdom S&P Global Manufacturing PMI meets expectations (47.7) in June
The GBP/USD pair edges higher during the Asian session on Tuesday and currently trades around the 1.3740 area, just below its highest level since October 2021 touched last week amid a bearish US Dollar (USD).
