- The GBP/USD pair can be focused on nine -day EMA support at 1.2613.
- The 14-day RSI remains above level 50, which indicates a constant stubborn shoot.
- Initial resistance appears at a two -month level of 1.2690.
The GBP/USD pair gives up some of the last benefits from the previous session, floating around 1.2650 during Wednesday’s Asian session. Despite this withdrawal, the technical analysis of the Daily Chart indicates constant perspective, because the couple remains as part of the growing channel.
The 14-day relative strength indicator (RSI) remains over 50 years, reflecting the reinforced stubborn momentum. In addition, the couple still trade above nine and 14-day interpretative medium-sized (EMA), emphasizing the solid short-term price dynamics and confirming the prevailing trends up.
The GBP/USD pair is directed for immediate resistance at the two -month highest level of 1.2690, achieved on February 24, followed by the upper limit of the channel growing around the level of 1.2750. The decisive breaks above this level can strengthen stubborn perspectives by paving the way to a three -month test at 1,2811, recently on December 6.
On the other hand, the GBP/USD pair may find immediate support in the nine-day EMA 1.2613, and then an EMA 14-day EMA at 1.2581. The break below these levels may undermine the miniature -term price rush, pushing the pair to the lower border of the channel growing around the 1,2500 mark.
GBP/USD: Daily Chart
The price of the British pound today
The table below shows a percentage change in the British pound (GBP) in relation to the main currencies. The British pound was the weakest in relation to the American dollar.
| USD | EUR | GBP | JPy | BOOR | Aud | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.11% | 0.17% | 0.30% | 0.08% | 0.26% | 0.19% | 0.10% | |
| EUR | -0.11% | 0.06% | 0.19% | -0.03% | 0.14% | 0.08% | -0.01% | |
| GBP | -0.17% | -0.06% | 0.11% | -0.08% | 0.09% | 0.03% | -0.06% | |
| JPy | -0.30% | -0.19% | -0.11% | -0.21% | -0.04% | -0.11% | -0.18% | |
| BOOR | -0.08% | 0.03% | 0.08% | 0.21% | 0.17% | 0.10% | 0.03% | |
| Aud | -0.26% | -0.14% | -0.09% | 0.04% | -0.17% | -0.06% | -0.14% | |
| NZD | -0.19% | -0.08% | -0.03% | 0.11% | -0.10% | 0.06% | -0.08% | |
| CHF | -0.10% | 0.01% | 0.06% | 0.18% | -0.03% | 0.14% | 0.08% |
The heat map shows percentage changes in the main currencies towards each other. The basic currency is collected from the left, and the quote currency is collected from the upper order. For example, if you choose a British pound on the left column and move along the horizontal line to the American dollar, the percentage shift displayed in the field will represent GBP (base)/USD (quote).
