Pound Sterling Price News and Forecast: GBP/USD is oscillating in a narrow range below 1.2500

FXStreet Team FXStreet

GBP/USD Price Analysis: Bears could be about to make their moves

GBP/USD bulls are moving in from key support. Bears could be lurking around a 50% mean reversion. GBP/USD is correcting into a potential resistance area. Read more...

GBP/USD juggles below 1.2500 as investors await Fed’s rate policy and US ADP job data

The GBP/USD pair is showing back-and-forth action in a narrow range below the psychological resistance of 1.2500 in the early Asian session. The Cable is demonstrating a volatility contraction, however, a power-pack action is expected ahead of the interest rate decision by the Federal Reserve (Fed) and the United States Automatic Data Processing (ADP) Employment data.

S&P500 futures have added more losses in early Asia as anxiety among market participants ahead of the Fed’s interest rate policy is deepening. An elevation in the risk aversion market mood is expected to impact risk-sensitive assets further. Read more...

GBP/USD

Overview
Today last price	1.2503
Today Daily Change	0.0007
Today Daily Change %	0.06
Today daily open	1.2496

Trends
Daily SMA20	1.2455
Daily SMA50	1.226
Daily SMA100	1.2214
Daily SMA200	1.1942

Levels
Previous Daily High	1.2571
Previous Daily Low	1.2481
Previous Weekly High	1.2584
Previous Weekly Low	1.2387
Previous Monthly High	1.2584
Previous Monthly Low	1.2275
Daily Fibonacci 38.2%	1.2515
Daily Fibonacci 61.8%	1.2536
Daily Pivot Point S1	1.2461
Daily Pivot Point S2	1.2426
Daily Pivot Point S3	1.2371
Daily Pivot Point R1	1.2551
Daily Pivot Point R2	1.2606
Daily Pivot Point R3	1.2642

Author

FXStreet Team

FXStreet

EUR/USD remains offered below 1.1600, seems vulnerable near multi-month low

The EUR/USD pair struggles to capitalize on the overnight bounce from the 1.1530 region, or the lowest level since November 2025, and lower for the third consecutive day on Wednesday. Spot prices slide back below the 1.1600 mark during the Asian session and seem vulnerable to slide further.

GBP/USD slips below key averages as geopolitical risks mount

GBP/USD fell about 0.35% on Tuesday, settling around 1.3350 after slipping below the 200-day Exponential Moving Average for the first time since early December. The pair has pulled back sharply from its late-January high near 1.3870, shedding over 500 pips in a series of lower highs and lower lows.

Gold rebounds ahead of US ADP, will it last?

Gold finds renewed Asian bids and retests $5,230 early Wednesday after the heavy sell-off on Tuesday. The US Dollar stands tall amid escalating Middle East tensions and reduced dovish Fed expectations. Gold defends $5,000 or 50% Fibo level after facing rejection at the 78.6% Fibo resistance at $5,342 amid bullish RSI.