From a technical perspective, the pair's inability to find acceptance above the 50% Fibonacci level of the 1.3381-1.1959 downfall and a rejection near the 200-day SMA might prompt some long-unwinding trade.
XRP has failed to reach above the 23,6% Fib retracement line after dropping below it. The 2 solid attempts did not go through, and it is uncertain if XRP will continue to outperform the other top cryptocurrencies, at least in the short term.
Gold prices slipped for a third straight session on Tuesday, pressured by a stronger dollar and an uptick in equities ahead of upcoming U.S.-China trade talks in Washington.
Let's keep an eye on 1,513 to stay bearish below this level today.
Technically, the 50-day and 21-day simple moving averages ( SMA ), 1.2250, and 1.2380, respectively, may keep the pair's trading moves limited. Today, consider staying bullish above 1.2330 to target 1.2400 and 1.2500. Whereas, the GBP/USD may remain bearish below 1.2330 to target 1.2275 and 1.2230.