The GBP/USD makes a U-turn, dives in early trading on Tuesday during the North American session, losing around 0.20%, and trades at 1.3099, below the 1.3100 figure.
GBP/USD slips below 1.3100 despite RSI giving mixed signals. RSI trends bullish but momentum shifts to sellers, descending towards neutral. A drop below 1.3100, GBP/USD could test July 17 high at 1.3043; further drops may reach psychological 1.3000, then 50-DMA at 1.2894. Bullish trend resumes if GBP/USD sustains above 1.3100, surpassing September 2 peak at 1.3155, aiming for channel top at 1.3200.
If bulls want to remain in charge, they must hold GBP/USD above 1.3100. For an uptrend resumption, clear the September 2 peak at 1.3155 before challenging the ascending channel top-trendline at 1.3200. GBP/USD Price Action – Daily Chart British Pound PRICE Today The table below shows the percentage change of British Pound against listed major currencies today. British Pound was the strongest against the Australian Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD 0.28% 0.40% -1.03% 0.41% 1.07% 0.
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