Pound Sterling Price News and Forecast: GBP/USD now moved into a consolidative phase

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Pound Sterling Price News and Forecast: GBP/USD now moved into a consolidative phase
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In the absence of high-impact data releases, GBP/USD benefited from the risk-positive market atmosphere on Monday and climbed toward 1.

GBP/USD Forecast: Pound Sterling could struggle to find direction 2200. The pair lost its traction early Tuesday amid renewed US Dollar strength and declined to the 1.2150 area.Read more... GBP/USD now moved into a consolidative phase – UOB Economist Lee Sue Ann and Markets Strategist Quek Ser at UOB Group suggest GBP/USD is now seen trading within the 1.2085-1.2240 band in the next weeks.Read more... GBP/USD: Daily close above 1.2180 would add to momentum for deeper push above 1.

The market pushed through this trend briefly earlier in October but needs to make clearer progress above the figure to extend.Read more... GBP/USD Overview Today last price 1.215 Today Daily Change -0.0018 Today Daily Change % -0.15 Today daily open 1.2168 Trends Daily SMA20 1.2179 Daily SMA50 1.234 Daily SMA100 1.2567 Daily SMA200 1.2438 Levels Previous Daily High 1.2175 Previous Daily Low 1.209 Previous Weekly High 1.2289 Previous Weekly Low 1.207 Previous Monthly High 1.

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