Chart of the day - GBPUSD (30.09.2022)

The British pound staged an impressive comeback in spite of poor fundamentals. Announcement of new fiscal measures last week triggered a slump on GBP market and UK bond market, forcing Bank of England to intervene on the latter. While economists' response to those actions was mixed with many pointing that it will provide only short-term relief, BoE actions managed to restore calm on the GBP market. GBPUSD is trading at more or less the same level as during the 'mini-budget' announcement. There is a high chance that GBPUSD will post a weekly gain.

Taking a look at the GBPUSD chart at the H1 interval, we can see that the pair made quite an impressive recovery this week. Pair broke above the 200-hour moving average and 50% retracement of the downward impulse, started on September 13, 2022, yesterday and tested 61.8% retracement in the 1.1200 area overnight. While the test was a failed one, the pair is gearing up for another attempt.

Source: xStation5

12 August 2026, 1:32 PM

BREAKING: US CPI in line with estimates! EURUSD muted!

12 August 2026, 12:55 PM

Will Inflation Kill the Chances of a September Rate Hike?

12 August 2026, 10:45 AM

USDJPY Nearing 160

12 August 2026, 8:52 AM

Chart of the Day: EURUSD Awaits US CPI. Inflation Could Determine the Fed’s Next Move

Forex

Cookie name	Description
SERVERID
userBranchSymbol	Expiration date 1 day
test_cookie	Expiration date 1 hour
adobe_unique_id	Expiration date 364 days
__hssc	Expiration date 1 hour
SESSID	Expiration date 1 day
__cf_bm	Expiration date 1 hour
intercom-id-iojaybix	Expiration date 270 days
intercom-session-iojaybix	Expiration date 6 days
xtbCookiesSettings	Expiration date 364 days
TS5b68a4e1027
countryIsoCode
xtbLanguageSettings	Expiration date 364 days
userPreviousBranchSymbol	Expiration date 364 days
intercom-device-id-iojaybix	Expiration date 270 days
__cfruid
_cfuvid

Cookie name	Description
_gid	Expiration date 1 day
_gat_UA-98728395-1	Expiration date 1 hour
_gat_UA-121192761-1	Expiration date 1 hour
_gcl_au	Expiration date 89 days
_ga_CBPL72L2EC	Expiration date 729 days
_ga	Expiration date 729 days
__hstc	Expiration date 179 days
__hssrc
_vwo_uuid_v2	Expiration date 365 days
_ga_TC79BEJ20L	Expiration date 729 days
_vwo_uuid	Expiration date 365 days
_vwo_ds	Expiration date 29 days
_vwo_sn	Expiration date 1 hour
_vis_opt_s	Expiration date 99 days
_vis_opt_test_cookie
af_id	Expiration date 394 days
afUserId	Expiration date 730 days
AF_SYNC	Expiration date 6 days
AnalyticsSyncHistory	Expiration date 29 days

Cookie name	Description
MUID	Expiration date 389 days
_omappvp	Expiration date 3998 days
_omappvs	Expiration date 1 hour
_uetsid	Expiration date 1 day
_uetvid	Expiration date 389 days
_fbp	Expiration date 89 days
fr	Expiration date 89 days
_ttp	Expiration date 89 days
_tt_enable_cookie	Expiration date 89 days
hubspotutk	Expiration date 179 days
IDE	Expiration date 389 days
YSC
VISITOR_INFO1_LIVE	Expiration date 179 days
li_sugr	Expiration date 89 days
guest_id_marketing	Expiration date 729 days
guest_id_ads	Expiration date 729 days
guest_id	Expiration date 729 days
muc_ads	Expiration date 729 days
VISITOR_PRIVACY_METADATA	Expiration date 179 days
MSPTC	Expiration date 389 days

Cookie name	Description
bcookie	Expiration date 364 days
lidc	Expiration date 1 day
UserMatchHistory	Expiration date 29 days
bscookie	Expiration date 364 days
li_gc	Expiration date 179 days
personalization_id	Expiration date 729 days