GBP/USD
GBPUSD1.29669USD
Today
+0.40%
5 Days
+0.31%
1 Month
+2.51%
6 Months
-2.85%
Year to Date
+3.65%
1 Year
+2.96%
Key Data Points
Opening Price
1.2895Previous Closing Price
1.29151Indicators
The 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.
GBP/USD Trading Strategy

Trading Strategy
Long positions above 1.2910 with targets at 1.2990 & 1.3010 in extension.
Alternative scenario
below 1.2910 look for further downside with 1.2885 & 1.2865 as targets.
Comment
long positions above 1.2910 with targets at 1.2990 & 1.3010 in extension.
GBP/USD News
UK Preliminary Services PMI jumps to 53.2 in March vs. 51.2 expected
The seasonally adjusted S&P Global/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) unexpectedly dropped to 44.6 in March from 46.9 in February.

United Kingdom S&P Global/CIPS Manufacturing PMI below forecasts (47.3) in March: Actual (44.6)
United Kingdom S&P Global/CIPS Manufacturing PMI below forecasts (47.3) in March: Actual (44.6)

United Kingdom S&P Global/CIPS Composite PMI increased to 52 in March from previous 50.5
United Kingdom S&P Global/CIPS Composite PMI increased to 52 in March from previous 50.5

United Kingdom S&P Global/CIPS Services PMI came in at 53.2, above expectations (51.2) in March
United Kingdom S&P Global/CIPS Services PMI came in at 53.2, above expectations (51.2) in March

GBP/USD attracts some buyers to near 1.2950 as traders await US PMI release
The GBP/USD pair attracts some buyers to around 1.2940 during the early European session on Monday, bolstered by the softer Greenback.

GBP/USD trades with positive bias around 1.2930 amid modest USD weakness
The GBP/USD pair continues to show some resilience below the 1.2900 round-figure mark and attracts some dip-buyers during the Asian session on Monday.
