GBP/USD Price Analysis: Climbs above 1.2450 amid soft USD
04.02.2025, 16:04

GBP/USD Price Analysis: Climbs above 1.2450 amid soft USD

  • GBP/USD gains for a second consecutive day, influenced by halted US tariffs on Mexico and Canada.
  • Technical stance remains bearish unless GBP/USD surpasses 1.2503 SMA and 1.2576 resistance.
  • Sellers need to breach 1.2436 to reignite bearish momentum, potentially targeting lower supports.

The Pound Sterling (GBP) post gains versus the US Dollar (USD) for the second straight day after US President Donald Trump tariff threats on Mexico and Canada were delayed, due to negotiations beginning between the parties, aimed to improve fighting against fentanyl traffic and illegal migration. The GBP/USD trades at 1.2476 up 0.62%.

GBPUSD Price Forecast: Technical outlook

Despite extending its gains, the GBP/USD remains biased downward, unless buyers lift the pair above the 50-day Simple Moving Average (SMA) of 1.2503 and above the January 7 peak of 1.2576. Once that happens, the market would be in equilibrium, but with momentum skewed to the upside.

The Relative Strength Index (RSI) suggests that buyers are gathering momentum in the short term.

For a bearish continuation, the GBP/USD must drop below February 3 high of 1.2436, which would pave the way for challenging 1.2400. On further weakness the next support would be April 22, 2024 swing low of 1.2299.

GBPUSD Price Chart – Daily

British Pound 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 US Dollar.

  USD EUR GBP JPY CAD AUD NZD CHF
USD   -0.82% -0.61% -0.08% -1.69% -1.10% -0.92% -0.74%
EUR 0.82%   0.23% 0.74% -0.88% -0.28% -0.10% 0.09%
GBP 0.61% -0.23%   0.48% -1.10% -0.50% -0.31% -0.14%
JPY 0.08% -0.74% -0.48%   -1.58% -0.99% -0.82% -0.62%
CAD 1.69% 0.88% 1.10% 1.58%   0.60% 0.79% 0.98%
AUD 1.10% 0.28% 0.50% 0.99% -0.60%   0.18% 0.40%
NZD 0.92% 0.10% 0.31% 0.82% -0.79% -0.18%   0.19%
CHF 0.74% -0.09% 0.14% 0.62% -0.98% -0.40% -0.19%  

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).

 

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik