- The GBP/USD can find a main barrier in 1,3616, the highest level since February 2022.
- A bullish bias prevails since the 14 -day RSI is maintained above the 50th mark.
- The initial support appears in the 9 -day EMA of 1,3526.
The GBP/USD pair goes back in its recent profits, quoting around 1,3540 during the Asian hours on Tuesday. The technical analysis of the daily chart indicates a persistent bullish as the torque moves up into an ascending channel pattern.
The GBP/USD torque is maintained above the 9 -day exponential (EMA) mobile average, which suggests a stronger short -term price impulse. In addition, the 14 -day relative force (RSI) index is positioned above 50, reinforcing a bullish bias.
On the positive side, the GBP/USD torque can prove the resistance in 1,3616, reached on June 5, the highest level since February 2022. A rupture above this level could strengthen the upward feeling and support the torque to explore the region around the upper limit of the amount of the ascending channel in 1,4160.
The GBP/USD torque can find the main support in the 9 -day EMA of 1,3526, followed by the lower limit of the upward channel in 1,3500. A successful rupture below this crucial support area could cause the appearance of a bassist bias and exert down the torque to test the 50 -day EMA in 1,3307, followed by the minimum of 9 weeks in 1,3063, recorded 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 weakest currency against the Australian dollar.
| USD | EUR | GBP | JPY | CAD | Aud | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.18% | 0.06% | 0.19% | 0.03% | -0.16% | -0.09% | 0.09% | |
| EUR | -0.18% | -0.11% | -0.02% | -0.11% | -0.31% | -0.26% | -0.06% | |
| GBP | -0.06% | 0.11% | 0.04% | -0.01% | -0.20% | -0.12% | 0.05% | |
| JPY | -0.19% | 0.02% | -0.04% | -0.13% | -0.38% | -0.36% | -0.18% | |
| CAD | -0.03% | 0.11% | 0.00% | 0.13% | -0.21% | -0.15% | 0.06% | |
| Aud | 0.16% | 0.31% | 0.20% | 0.38% | 0.21% | 0.07% | 0.25% | |
| NZD | 0.09% | 0.26% | 0.12% | 0.36% | 0.15% | -0.07% | 0.20% | |
| CHF | -0.09% | 0.06% | -0.05% | 0.18% | -0.06% | -0.25% | -0.20% |
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.
