Daily pound to dollar (GBP/USD) SMA rates up to June 4, 2024

Published by
Raynor de Best,
Jun 5, 2024

GBP/USD's 200-SMA rate remained unchanged in June 2024, even if the dollar did become slightly stronger during this timeframe. The Simple Moving Average or SMA is a common metric used within stock and FX market analysis, and especially focuses on long-term trends. The 200-day SMA, especially, is considered very important, as it displays the average price of a stock or currency over the past 200 days (or 40 weeks of trading). If the price of the asset remains above this average, it is generally considered to be in an upwards trend.

British pound sterling (GBP) to U.S. dollar (USD) simple moving average (SMA) rates from June 6, 2023, to June 4, 2024

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Release date

June 2024

Region

North America, United Kingdom

Survey time period

June 6, 2023, to June 4, 2024

Special properties

SMA, or simple moving average, is a way to see the average price development over a set number of trading days

Supplementary notes

Figures have been rounded.

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Topics

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