Pound Sterling Price News and Forecast: GBP/USD moves above the 1.2500 level while recovering recent losses

FXStreet Team FXStreet

GBP/USD Price Analysis: Aims to revisit two-month highs, hovers above 1.2500

GBP/USD retraces recent losses registered in the previous session, trading higher around 1.2500 psychological level during the Asian session on Thursday.

The technical indicators for the GBP/USD pair are signaling a bullish outlook. The 14-day Relative Strength Index (RSI) above the 50 level indicates upward support, suggesting a bullish momentum in favor of the pair. Read more...

GBP/USD attempts to regain ground, hovers around 1.2500

GBP/USD strives to bounce back after its three-day winning streak paused in the previous session, trading marginally higher around 1.2500 during the Asian session on Thursday. The pair faced challenges in the previous session, influenced by the strengthened US Dollar (USD) following economic data releases from the United States (US). Investors seem to perceive persistent inflation in the US, coupled with a decelerating economy.

The US Dollar Index (DXY) retreats after hitting gains for two successive days, bidding lower around 103.70 at the time of writing. The Greenback continued its correction after releasing moderate US economic data but was losing momentum amid higher equity prices. Read more...

GBP/USD

Overview
Today last price	1.2512
Today Daily Change	0.0016
Today Daily Change %	0.13
Today daily open	1.2496

Trends
Daily SMA20	1.2313
Daily SMA50	1.2257
Daily SMA100	1.2503
Daily SMA200	1.245

Levels
Previous Daily High	1.255
Previous Daily Low	1.2449
Previous Weekly High	1.2506
Previous Weekly Low	1.2213
Previous Monthly High	1.2337
Previous Monthly Low	1.2037
Daily Fibonacci 38.2%	1.2488
Daily Fibonacci 61.8%	1.2511
Daily Pivot Point S1	1.2447
Daily Pivot Point S2	1.2398
Daily Pivot Point S3	1.2346
Daily Pivot Point R1	1.2547
Daily Pivot Point R2	1.2598
Daily Pivot Point R3	1.2647

Author

FXStreet Team

FXStreet

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

Editor's Picks

EUR/USD retreats toward 1.1700 on modest USD recovery

EUR/USD stays under mild bearish pressure and trades below 1.1750 on Friday. Although trading conditions remain thin following the New Year holiday and ahead of the weekend, the modest recovery seen in the US Dollar causes the pair to edge lower. The economic calendar will not feature any high-impact data releases.

GBP/USD struggles to gain traction, stabilizes near 1.3450

After testing 1.3400 on the last day of 2025, GBP/USD managed to stage a rebound. Nevertheless, the pair finds it difficult to gather momentum and trades marginally lower on the day at around 1.3450 as market participants remain in holiday mood.

Gold climbs toward $4,400 following deep correction

Gold advances toward $4,400 and gains more than 1.5% on the day after suffering heavy losses amid profit-taking heading into the end of the year. Growing expectations for a dovish Fed policy and persistent geopolitical risks seem to be helping XAU/USD stretch higher.

Cardano gains early New Year momentum, bulls target falling wedge breakout

Cardano kicks off the New Year on a positive note and is extending gains, trading above $0.36 at the time of writing on Friday. Improving on-chain and derivatives data point to growing bullish interest, while the technical outlook keeps an upside breakout in focus.

Economic outlook 2026-2027 in advanced countries: Solidity test

After a year marked by global economic resilience and ending on a note of optimism, 2026 looks promising and could be a year of solid economic performance. In our baseline scenario, we expect most of the supportive factors at work in 2025 to continue to play a role in 2026.

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is. Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).