Buz Investors GBPUSD pound fell 0.3% At 10:40 GMT, the pair is trading at 1.2217, with the Pound trading 0.37% lower against US Dollar from the New York close, after data indicated that UK’s Markit services PMI eased more than expected in February. The pair witnessed a high of 1.2283 and a low of 1.2212 during the session. Yesterday, the Pound traded 0.15% lower against the US Dollar in the New York session and ended at 1.2262. Immediate downside, the first support level is seen at 1.2184, while on the upside, the first resistance level is situated at 1.2278.
The pound fell 0.3% to a six-week low of $1.223 around 9:30 AM London time on Friday, after latest data showed UK’s service sector expanded much slower than expected in February. Historically, the British Pound reached an all time high of 2.86 in December of 1957 and a record low of 1.05 in February of 1985.
The GBPUSD spot exchange rate specifies how much one currency, the GBP, is currently worth in terms of the other, the USD. While the GBPUSD spot exchange rate is quoted and exchanged in the same day, the GBPUSD forward rate is quoted today but for delivery and payment on a specific future date. This page provides – British Pound – actual values, historical data, forecast, chart, statistics, economic calendar and news. British Pound – actual data, historical chart and calendar of releases – was last updated on March of 2017.
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