(VIANEWS) – GBP/USD (GBPUSD) is currently on bearish momentum. At 17:08 EST on Wednesday, 14 July, GBP/USD (GBPUSD) is at 1.3862, 1.74% down since the last session’s close.
GBP/USD (GBPUSD) Range
Regarding GBP/USD’s daily highs and lows, it’s 0.793% up from its trailing 30 days low of $1.38 and 1.779% down from its trailing 30 days high of $1.41.
GBP/USD’s yearly highs and lows, it’s 10.781% up from its 52-week low and 2.702% down from its 52-week high.
GBP/USD’s last week, last month’s, and last quarter’s current volatility was a negative 0.33%, a negative 0.19%, and a positive 0.52%, respectively.
GBP/USD’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.33% (last week), 0.46% (last month), and 0.52% (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).
Last news about GBP/USD (GBPUSD)
Gbp/usd bulls tested at critical daily support. According to FXStreet on Tuesday, 13 July, "Due mainly to US dollar strength, GBP/USD is under pressure on Tuesday, down 0.33% at the time of writing after falling from a high of 1.3904 to a low of 1.3800."
Pound sterling price news and forecast: gbp/usd returns to 1.3900. According to FXStreet on Wednesday, 14 July, "In the case that the rate passes the resistance of the 1.3900 mark, the GBP/USD would find resistance in the 1.3950 mark and afterwards the weekly R1 simple pivot point at 1.3963. ", "The latest GBP/USD move is to the upside, stemming from Britain’s report of a 2.5% increase in the Consumer Price Index, higher than expected. "
Gbp/usd refreshes session tops, further beyond mid-1.3800s. According to FXStreet on Wednesday, 14 July, "This, in turn, might keep a lid on any runaway rally for the GBP/USD pair, at least for the time being, warranting some caution for aggressive bullish traders.", "Having defended the 1.3800 mark, the GBP/USD pair caught some fresh bids on Wednesday and recovered a part of the previous day’s losses. "
Gbp/usd spikes to 1.3900 neighbourhood amid notable USD weakness. According to FXStreet on Wednesday, 14 July, "It will now be interesting to see if bulls are able to capitalize on the momentum or the GBP/USD pair continues with its struggle to find acceptance above the 1.3900 mark. ", "This, along with the emergence of some heavy selling around the US dollar, contributed to the GBP/USD pair’s strong intraday positive move."
Pound sterling price news and forecast: gbp/usd teases 1.3900 on softer usd, risk-on mood. According to FXStreet on Monday, 12 July, "After rebounding from the low of 1.3756 on Friday, the GBP/USD pair kicked off the new trading week on a subdued note. ", "The GBP/USD pair soared on Friday to close the week with gains around the 1.3900 level. "
News about EUR/USD
Eur/usd: rapid spread of delta covid variant is a lose-lose for the euro. According to FXStreet on Monday, 12 July, "At least on Monday, EUR/USD may also suffer from the divergence in monetary policy. "
Eur/usd struggles for direction near 1.1880. According to FXStreet on Monday, 12 July, "The single currency looks to extend the optimism seen in the second half of last week and now pushes EUR/USD to the area of recent tops around 1.188."
More news about GBP/USD (GBPUSD).