GBP/USD remains firm below 1.2800, unchanged after reaching a daily high of 1.2809. Mixed US jobs data and global rate cuts influence the pair's current spot price. Key levels: Support at 1.2755 , 1.2694 ; resistance at 1.2800, 1.2817 , and YTD high of 1.2893. Another major central bank slashed interest rates, while softer US jobs data keep the pair at around current spot prices. The GBP/USD trades at 1.2772, virtually unchanged.
That said, if GBP/USD drops below the June 5 low of 1.2755, it will expose the next cycle low seen at 1.2694, the June 3 low. On the other hand, if buyers lift the exchange rate past 1.2800, the next resistance would be the June 4 daily high of 1.2817 before testing the year-to-date high of 1.2893. GBP/USD Price Action – Daily Chart GBP/USD Overview Today last price 1.2774 Today Daily Change -0.0012 Today Daily Change % -0.09 Today daily open 1.2786 Trends Daily SMA20 1.2695 Daily SMA50 1.
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