- GBP/USD remains subdued around 1.2900, bouncing off daily lows of 1.2877.
- Sellers failed to achieve a daily close below 1.2900, but momentum favors further losses.
- Key support levels at 1.2860 and 1.2779, with downside potential toward 100-DMA at 1.2678 if breached.
The Pound Sterling clings to minimal gains, though it remains stuck within the 1.2880-1.2940 range against the Greenback, unable to crack immediate resistance to push the GBP/USD pair toward the 1.3000 mark. At the time of writing, the major trades at 1.2926 after bouncing off daily lows of 1.2877.
GBP/USD Price Analysis: Technical outlook
The pair remained subdued for the fourth straight day, glued at around 1.2900; even though UK PMI data was stronger than expected, the pair failed to gain traction. Conversely, sellers pushed the GBP/USD three times below 1.2900 but failed to achieve a daily close below the latter, which could pave the way for a deeper pullback.
According to the Relative Strength Index (RSI), buyers have the edge from a momentum standpoint, but in the near term, sellers have moved in as the RSI slope aims downwards.
免責事項:本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。
