- The GBP/USD can test 1,3632, the new maximum since February 2022.
- The 14 -day relative force (RSI) index remains above 50, suggesting that the bullish bias is active.
- The main support appears in the 9 -day EMA of 1,3552.
The GBP/USD torque has recovered its daily losses, quoting around 1,3570 during Monday’s Asian hours. The bullish bias can be weakened as the technical analysis of the daily graphic indicates that the pair is floating around the pattern of ascending channel.
The GBP/USD torque has bounced over the 9 -day exponential mobile average (EMA), suggesting that the short -term pricing impulse remains stronger. In addition, the 14 -day relative force index (RSI) is positioned above 50, indicating that a bullish bias is at stake.
The successful recovery of the GBP/USD torque within the ascending channel can reinforce the bullish bias and lead to the torque to prove the resistance in 1,3632, which was reached on June 13, the new maximum since February 2022. A break above this level could lead to the torque to explore the region around the upper limit of the ascending channel in 1,4250.
At the bottom, the GBP/USD torque can find the main support in the 9 -day EMA of 1,3552, followed by the 50 -day EMA in 1,3346. A rupture below these levels could weaken the impulse of prices in the short and medium term and lead to the torque to prove the minimum of 10 weeks in 1,3063, registered on April 14.
GBP/USD: Daily graphic
LIBRA ESTERLINA PRICE TODAY
The lower table shows the percentage of pounding sterling (GBP) compared to the main currencies today. Libra sterling was the strongest currency against the Canadian dollar.
| USD | EUR | GBP | JPY | CAD | Aud | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.18% | -0.07% | -0.36% | -0.06% | -0.24% | -0.18% | -0.10% | |
| EUR | 0.18% | 0.00% | -0.18% | 0.14% | 0.07% | 0.02% | 0.09% | |
| GBP | 0.07% | -0.00% | -0.18% | 0.14% | 0.07% | 0.01% | 0.09% | |
| JPY | 0.36% | 0.18% | 0.18% | 0.31% | -0.18% | -0.18% | -0.15% | |
| CAD | 0.06% | -0.14% | -0.14% | -0.31% | -0.12% | -0.13% | -0.05% | |
| Aud | 0.24% | -0.07% | -0.07% | 0.18% | 0.12% | -0.06% | 0.03% | |
| NZD | 0.18% | -0.02% | -0.01% | 0.18% | 0.13% | 0.06% | 0.08% | |
| CHF | 0.10% | -0.09% | -0.09% | 0.15% | 0.05% | -0.03% | -0.08% |
The heat map shows the percentage changes of the main currencies. The base currency is selected from the left column, while the contribution currency is selected in the upper row. For example, if you choose the sterling pound from the left column and move along the horizontal line to the US dollar, the percentage change shown in the box will represent the GBP (base)/USD (quotation).
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
