GBP/USD Price Analysis: Holds position above 1.2900; next support at 14-day EMA

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GBP/USD Price Analysis: Holds position above 1.2900; next support at 14-day EMA
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GBP/USD breaks its two-day losses, trading around 1.2920 in Monday's Asian session.

GBP/USD could test the upper boundary of the ascending channel around the level of 1.3000. Momentum indicators reflect short-term bullish momentum for the pair. The 14-day EMA at 1.2885 level could act as immediate support, followed by the lower boundary of the ascending channel. GBP/USD breaks its two-day losses, trading around 1.2920 in Monday's Asian session.

2885 level, followed by the lower threshold of the ascending channel around the 1.2830 level. A break below the latter could lead the GBP/USD pair to navigate the region around the throwback support level of 1.2615. GBP/USD: 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 -0.04% -0.02% 0.03% 0.12% 0.28% 0.

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