Pound Sterling Price News and Forecast: GBP/USD options market snaps two-week downtrend

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However, 61.8% Fibonacci retracement of April-May upside, around 1.1920, offers immediate support to the quote, a break of which should attack the 1.1900 threshold.

One-month risk reversals on the British pound , a gauge of calls to puts, rose for the first time in three weeks by the end of Friday’s trading.

EUR/USD holds lower ground after snapping a three-week downtrend.

SafeMoon price has pierced through a resistance barrier at $0.00000295, indicating the start of an upswing.

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