GBP/USD
GBPUSD1.26297USD
Today
-0.30%
1 Week
+0.52%
1 Month
+2.41%
6 Months
-3.10%
Year to Date
+0.96%
1 Year
-0.01%
Key Data Points
Opening Price
1.26643Previous Closing Price
1.26679Indicators
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
The MACD must penetrate its zero line to expect further downside.
Alternative scenario
above 1.2688, look for 1.2730 and 1.2755.
Comment
target 1.2570
GBP/USD News
GBP/USD slips after hitting record high past 100-day SMA
The GBP/USD registers losses during the North American session after testing the 100-day Simple Moving Average (SMA) at 1.2658.

GBP turns lower from 100-day/week MA signals in mid-1.26s – Scotiabank
UK Retail Sales rose a solid 2.1% in January, well ahead of expectations, after run of soft data in Q4, Scotiabank's Chief FX Strategist Shaun Osborne notes.

GBP: BoE to cut 50bps over the next 12 months– BBH
GBP is firmer after UK January retail sales growth overshot expectations , BBH's FX analysts report.

GBP/USD: Boost in momentum indicates further GBP strength to 1.2730 – UOB Group
Impulsive momentum could push Pound Sterling (GBP) higher vs US Dollar (USD); overbought conditions suggest 1.2730 could be just out of reach for now.

UK Preliminary Services PMI unexpectedly rises to 51.1 in February vs. 50.8 expected
The seasonally adjusted S&P Global/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) unexpectedly declined to 46.4 in February from 48.3 in January.

United Kingdom S&P Global/CIPS Manufacturing PMI below forecasts (48.4) in February: Actual (46.4)
United Kingdom S&P Global/CIPS Manufacturing PMI below forecasts (48.4) in February: Actual (46.4)
