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NASDAQ 100 — Tech Growth Index
Dow Jones — Industrial Average
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
GBPTechnical AnalysisUSD

GBP/USD Price Reaches fresh three-month highs above 1.3550

  • GBP/USD hit a fresh three-month high of 1.3562 on Tuesday.
  • The 14-day Relative Strength Index is near overbought, signaling possible consolidation before the trend resumes.
  • The initial support lies at the nine-day EMA of 1.3496.

GBP/USD extends its gains for the second successive session, trading around 1.3560 during the Asian hours on Tuesday. The technical analysis of the daily chart indicates a persistent bullish bias. The 14-day Relative Strength Index (RSI) reached 69.29, near overbought. If the RSI extends into overbought territory, the pair could consolidate before resuming the trend.

The GBP/USD pair holds above a rising nine-day Exponential Moving Average (EMA) and the 50-day EMA, sustaining a bullish bias. The short-term average remains above the medium-term gauge, keeping upside pressure.

The GBP/USD pair hit a fresh three-month high of 1.3562 during early Asian hours. Further gains could lead the pair to target the six-month high of 1.3726, followed by the 1.3788, the highest level since October 2021.

Momentum stays firm with price action anchored above the ascending averages, yet stretched conditions could cap the next leg. The GBP/USD pair could find immediate support at the nine-day EMA of 1.3496, followed by the 50-day EMA at 1.3375. A break below the medium-term average would put downward pressure on the pair to navigate the region around the eight-month low of 1.3010.

GBP/USD: Daily Chart

Pound Sterling Price Today

The table below shows the percentage change of British Pound (GBP) against listed major currencies today. British Pound was the strongest against the Japanese Yen.

USDEURGBPJPYCADAUDNZDCHF
USD-0.09%-0.09%0.00%-0.00%-0.20%-0.22%-0.07%
EUR0.09%-0.00%0.09%0.09%-0.11%-0.15%0.03%
GBP0.09%0.00%0.11%0.09%-0.11%-0.14%0.02%
JPY0.00%-0.09%-0.11%-0.00%-0.20%-0.24%-0.06%
CAD0.00%-0.09%-0.09%0.00%-0.20%-0.24%-0.06%
AUD0.20%0.11%0.11%0.20%0.20%-0.04%0.13%
NZD0.22%0.15%0.14%0.24%0.24%0.04%0.17%
CHF0.07%-0.03%-0.02%0.06%0.06%-0.13%-0.17%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the British Pound from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent GBP (base)/USD (quote).

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