As of May 13, 2025, the GBP/USD rate experienced a resistance around 1.33 level according to 50-day Fibonacci. Fibonacci — based off the famous infinite math sequence from 13-century Italy — is a metric often used in FX trading to find key levels of support and resistance. Essentially, the sequence potentially reveals thresholds on which traders can buy or sell assets and are frequently set as profit targets. When these retracements are met, traders will act.
British pound sterling (GBP) to U.S. dollar (USD) Fibonacci retracement as of May 13, 2025
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British pound sterling (GBP) to U.S. dollar (USD) Fibonacci retracement as of May 13, 2025
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Statista. (May 14, 2025). British pound sterling (GBP) to U.S. dollar (USD) Fibonacci retracement as of May 13, 2025 [Graph]. In Statista. Retrieved May 15, 2025, from https://www.statista.com/statistics/1336246/gbp-usd-fibonacci-retracement/
Statista. "British pound sterling (GBP) to U.S. dollar (USD) Fibonacci retracement as of May 13, 2025." Chart. May 14, 2025. Statista. Accessed May 15, 2025. https://www.statista.com/statistics/1336246/gbp-usd-fibonacci-retracement/
Statista. (2025). British pound sterling (GBP) to U.S. dollar (USD) Fibonacci retracement as of May 13, 2025. Statista. Statista Inc.. Accessed: May 15, 2025. https://www.statista.com/statistics/1336246/gbp-usd-fibonacci-retracement/
Statista. "British Pound Sterling (Gbp) to U.S. Dollar (Usd) Fibonacci Retracement as of May 13, 2025." Statista, Statista Inc., 14 May 2025, https://www.statista.com/statistics/1336246/gbp-usd-fibonacci-retracement/
Statista, British pound sterling (GBP) to U.S. dollar (USD) Fibonacci retracement as of May 13, 2025 Statista, https://www.statista.com/statistics/1336246/gbp-usd-fibonacci-retracement/ (last visited May 15, 2025)
British pound sterling (GBP) to U.S. dollar (USD) Fibonacci retracement as of May 13, 2025 [Graph], Statista, May 14, 2025. [Online]. Available: https://www.statista.com/statistics/1336246/gbp-usd-fibonacci-retracement/
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