GBP/USD Bullish Momentum: 0.94% Up In The Last 5 Sessions

(VIANEWS) – GBP/USD (GBPUSD) has been up by 0.94% for the last 5 sessions. At 17:06 EST on Friday, 26 April, GBP/USD (GBPUSD) is $1.25.

GBP/USD’s yearly highs and lows, it’s 3.72% up from its 52-week low and 4.954% down from its 52-week high.


GBP/USD’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.01%, a negative 0.11%, and a positive 0.29%, respectively.

GBP/USD’s highest amplitude of average volatility was 0.42% (last week), 0.32% (last month), and 0.29% (last quarter), respectively.

Forex Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, GBP/USD’s Forex is considered to be oversold (<=20).

Previous days news about GBP/USD (GBPUSD)

  • Gbp/usd price analysis: rises to near 1.2450 despite the bearish sentiment. According to FXStreet on Wednesday, 24 April, "Looking ahead, GBP/USD could encounter significant support around the psychological level of 1.2400. ", "In such a scenario, GBP/USD could aim to test the upper boundary of the descending triangle around 1.2565."
  • Gbp/usd price analysis: poised to resume downtrend, despite ‘morning star’ formation. According to FXStreet on Wednesday, 24 April, "After forming a ‘morning star,’ the GBP/USD is set to continue to print gains, but traders must decisively clear the April 23 high at 1.2458, which would pave the way toward 1.2500. ", "On the other hand, if GBP/USD remains constrained by the April 23 high, that could pave the way for a retracement to 1.2400. "
  • Gbp/usd snaps the two-day winning streak above 1.2450, eyes on US GDP data. According to FXStreet on Wednesday, 24 April, "The GBP/USD pair snaps the two-day winning streak near 1.2460 amid the modest rebound of the US Dollar (USD) on Thursday during the early Asian session. ", "The hawkish comments and the higher-for-longer stance from US Federal Reserve (Fed) officials have boosted the Greenback and created a headwind for the GBP/USD pair. "
  • Gbp/usd price analysis: extends recovery above 1.2500, but bears loom around 200-dma. According to FXStreet on Thursday, 25 April, "Therefore, the GBP/USD first resistance would be the 200-day moving average (DMA) at 1.2559. ", "During the day, the GBP/USD bounced off daily lows of 1.2450 following the release of mixed economic data from the United States. "

More news about GBP/USD (GBPUSD).

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