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GBP/USD Micro Dec '24 (MBZ24)

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Contract Specifications

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Contract
E-Micro GBP/USD [British Pound]
Contract Size
GBP 6,250
Tick Size
0.0001 points ($0.625 per contract)
Trading Hours
5:00p.m. - 4:00p.m. (Sun-Fri) (Settles 2:00p.m.) CST
Exchange
CME
Point Value
$6,250
Expiration Date
12/16/24 (25 days)

Seasonal Chart

GBP/USD Micro Dec '24
Average Price Chart for 5 Prior Dec Contracts
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Price Performance

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Period Period Low Period High Performance
1-Month
1.2597 +0.29%
on 11/15/24
1.3046 -3.16%
on 11/06/24
-0.0344 (-2.65%)
since 10/21/24
3-Month
1.2597 +0.29%
on 11/15/24
1.3431 -5.93%
on 09/26/24
-0.0480 (-3.66%)
since 08/21/24

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Most Recent Stories

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Dollar Slips on Lower T-Note Yields and Dovish Williams

The dollar index (DXY00 ) today is down by -0.19%. The dollar today is posting modest losses and is weighed down by lower T-note yields. Also, dovish comments from New York Fed President Williams undercut...

DXY00 : 106.749 (+0.06%)
GCZ24 : 2,670.2 (+0.70%)
SIZ24 : 30.885 (-0.39%)
^USDJPY : 154.313 (-0.73%)
^EURUSD : 1.05105 (-0.31%)
Stocks Mostly Lower as Alphabet and Nvidia Fall

The S&P 500 Index ($SPX ) (SPY ) today is down -0.27%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.66%. Stocks today are mostly lower....

MSTR : 462.50 (-2.39%)
DE : 434.00 (+7.17%)
GOOGL : 164.55 (-6.50%)
SNOW : 170.81 (+32.29%)
$SPX : 5,912.26 (-0.08%)
DDOG : 143.30 (+5.80%)
DFH : 31.42 (+12.58%)
MDB : 320.61 (+13.79%)
$IUXX : 20,549.84 (-0.57%)
QQQ : 502.33 (-0.17%)
ZNZ24 : 109-225 (+0.01%)
WMG : 30.65 (-8.97%)
Dollar Supported by Weak Stocks and Higher T-Note Yields

The dollar index (DXY00 ) Wednesday rose by +0.47%. Higher T-note yields Wednesday and weakness in stocks supported moderate gains in the dollar. Also, weakness in EUR/USD benefitted the dollar on dovish...

DXY00 : 106.749 (+0.06%)
GCZ24 : 2,670.2 (+0.70%)
SIZ24 : 30.885 (-0.39%)
^USDJPY : 154.313 (-0.73%)
^EURUSD : 1.05105 (-0.31%)
Gold Price To Re-Test $2,700

Gold is likely to rally even higher in the near term.

Stocks Fall on Weakness in Retailers and Chip Makers

The S&P 500 Index ($SPX ) (SPY ) today is down -0.56%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.75%. Stocks today are moderately...

TGT : 122.39 (+0.55%)
CVS : 56.66 (-0.30%)
APP : 321.27 (-1.21%)
DG : 73.76 (+0.67%)
AVGO : 163.90 (+0.40%)
JPM : 244.06 (+1.36%)
WIX : 218.06 (+3.70%)
FN : 232.28 (+2.64%)
TXN : 198.02 (-0.09%)
$IUXX : 20,549.84 (-0.57%)
UNH : 601.35 (+0.14%)
ASML : 660.34 (+0.29%)
Dollar Grinds Higher on Weak Stocks and Stronger T-Note Yields

The dollar index (DXY00 ) today is up by +0.53%. Higher T-note yields today and weakness in stocks support moderate gains in the dollar. Also, weakness in EUR/USD is benefitting the dollar on dovish...

DXY00 : 106.749 (+0.06%)
GCZ24 : 2,670.2 (+0.70%)
SIZ24 : 30.885 (-0.39%)
^USDJPY : 154.313 (-0.73%)
^EURUSD : 1.05105 (-0.31%)
Stocks Move Lower Ahead of Nvidia’s Earnings

The S&P 500 Index ($SPX ) (SPY ) today is down -0.39%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.59%. Stocks today are moderately...

TGT : 122.39 (+0.55%)
APP : 321.27 (-1.21%)
DG : 73.76 (+0.67%)
WIX : 218.06 (+3.70%)
FN : 232.28 (+2.64%)
TXN : 198.02 (-0.09%)
$IUXX : 20,549.84 (-0.57%)
ASML : 660.34 (+0.29%)
ZNZ24 : 109-225 (+0.01%)
QCOM : 155.77 (+0.97%)
KEYS : 167.22 (+1.05%)
AMD : 136.82 (-0.57%)
Dollar Falls Slightly as T-Note Yields Drop and Stocks Recover

The dollar index (DXY00 ) Tuesday fell by -0.07%. The dollar on Tuesday posted modest losses on the weaker-than-expected US Oct housing starts and building permits reports. Also, lower T-note yields...

DXY00 : 106.749 (+0.06%)
GCZ24 : 2,670.2 (+0.70%)
SIZ24 : 30.885 (-0.39%)
^USDJPY : 154.313 (-0.73%)
^EURUSD : 1.05105 (-0.31%)
Stocks Recover from Early Losses on Strength in Nvidia and Walmart

The S&P 500 Index ($SPX ) (SPY ) today is down -0.05%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.41%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.11%. Stocks are mixed today, with...

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KHC : 31.06 (+0.58%)
$IUXX : 20,549.84 (-0.57%)
STM : 24.13 (-1.51%)
BNTX : 103.59 (+1.42%)
ZNZ24 : 109-225 (+0.01%)
RTX : 120.54 (+1.17%)
$DOWI : 43,725.55 (+0.73%)
MDT : 84.69 (+0.69%)
SPY : 591.68 (+0.20%)
DIA : 437.93 (+0.84%)
LHX : 247.06 (+1.10%)
Dollar Rebounds from Early Losses on Safe-Haven Demand from Geopolitical Risks

The dollar index (DXY00 ) today is up by +0.10%. The dollar recovered from early losses and moved higher on increased safe-haven demand on reports that Ukraine carried out its first strike on a border...

DXY00 : 106.749 (+0.06%)
GCZ24 : 2,670.2 (+0.70%)
SIZ24 : 30.885 (-0.39%)
^USDJPY : 154.313 (-0.73%)
^EURUSD : 1.05105 (-0.31%)

Barchart Technical Opinion

The Barchart Technical Opinion rating is a 88% Sell with a Strengthening short term outlook on maintaining the current direction.

Long term indicators mostly agree with the trend.

The market is approaching oversold territory. Be watchful of a trend reversal.

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Key Turning Points

3rd Resistance Point 1.2789
2nd Resistance Point 1.2753
1st Resistance Point 1.2700
Last Price 1.2618
1st Support Level 1.2611
2nd Support Level 1.2575
3rd Support Level 1.2522

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52-Week High 1.3431
Fibonacci 61.8% 1.3032
Fibonacci 50% 1.2908
Fibonacci 38.2% 1.2785
Last Price 1.2618
52-Week Low 1.2386

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