A Data Partner of:
Refinitiv
Mar 07 - 03:55 PM

GBP/USD - Off Early 2025 High 1.2942, Remains Anchored Near 4-Month Highs

By Paul Spirgel  —  Mar 07 - 01:41 PM

• GBP$ firm in NY afternoon, +0.15% at 1.2900; Friday range 1.2943-1.2877

• Pair shows little reaction to Powell comments, hovers near 1.29

• U.S. payroll data held little sway as sterling bulls remain invigorated

• Positioning may be sterling's not-so-secret weapon

• Focus shifts to U.S. CPI on Mar 12, Trump headline risk also a concern

• GBP$ res 1.2943 Friday 2025 high, 1.3046 Nov 6 2024 high

• Supt 1.2874 upper 30-d Bolli (fmr res), 1.2788 flat 200-DMA, 1.2732 10-DMA

• EURGBP bid post-ECB hawkish cut, German infrastructure spend talk may temper GBP$ rise

GBP Chart:


(Paul Spirgel is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters

TDUX

The Data-Backed Crypto Coin

  • Get discounted TDUX before the Airdrop in Q1 2026
  • Invest in the Tokenized Data Ecosystem
  • Access Historical Data Units with TDUX
  • TDUX Holdings Allow you to:
    • Buy new institutional data units
    • Trade Crypto Assets
To Buy Join the TDUX Waitlist
TDUX Coin Liquidity is managed by L18C

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2025 eFXdata · All Rights Reserved
!