TRENDING:
US midterms
Oil price
XAU/USD
EUR/USD
GBP/USD
Silver
Sponsored by
|

Pound Sterling Price News and Forecast: GBP/USD remains near 1.2000 after US data

Pound Sterling Price News and Forecast: GBP/USD remains near 1.2000 after US data
FXStreet TeamFXStreet TeamFXStreet

GBP/USD remains near 1.2000 after US data, virtually flat for the week

The GBP/USD fell to 1.1960 after the release of the US ISM Service PMI and then rebounded. The pair continues to move sideways, near 1.2000, virtually flat for the week. Read More...

GBP/USD Price Analysis: Sticks to gains around 1.2000 mark, 200 DMA holds the key for bulls

The GBP/USD pair attracts some dip-buying on Friday and recovers a major part of the previous day's slide to the 1.1920-1.1915 support zone.  The pair maintains its bid tone around the 1.2000 psychological mark through the early North American session and is supported by broad-based US Dollar weakness. Read More...

fxsorigial

GBP/USD steadily climbs back closer to 1.2000 mark amid broad-based USD weakness

The GBP/USD pair attracts fresh buyers in the vicinity of a technically significant 200-day Simple Moving Average (SMA) and reverses a part of the overnight losses back closer to the weekly low. The pair sticks to its intraday gains and is currently placed near the top end of the daily range, just a few pips below the 1.2000 psychological mark. Read More...

GBP/USD

Overview
Today last price1.2016
Today Daily Change0.0065
Today Daily Change %0.54
Today daily open1.1951
 
Trends
Daily SMA201.2047
Daily SMA501.2141
Daily SMA1001.1977
Daily SMA2001.1919
 
Levels
Previous Daily High1.2036
Previous Daily Low1.1925
Previous Weekly High1.2148
Previous Weekly Low1.1928
Previous Monthly High1.2402
Previous Monthly Low1.1915
Daily Fibonacci 38.2%1.1967
Daily Fibonacci 61.8%1.1994
Daily Pivot Point S11.1905
Daily Pivot Point S21.1859
Daily Pivot Point S31.1794
Daily Pivot Point R11.2016
Daily Pivot Point R21.2082
Daily Pivot Point R31.2128

Author

FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

More from FXStreet Team
Share:

Editor's Picks

AUD/USD drops to two-week low, further below 0.7000 after RBA's less hawkish rate hike

AUD/USD drops to two-week low, further below 0.7000 after RBA's less hawkish rate hike

AUD/USD drifts lower for the second straight day on Tuesday, hitting a fresh two-week low during the Asian session after the Reserve Bank of Australia's (RBA) widely expected 25 bps rate hike. The decision was far from unanimous, with three members preferring to hold rates at 4.60%. This tempers expectations of further tightening, which, along with modest US Dollar strength, weighs on the currency pair.





USD/JPY fails near 159.00 amid weak USD, intervention risks

USD/JPY fails near 159.00 amid weak USD, intervention risks

USD/JPY edges lower during Tuesday’s Asian session, reversing part of the previous day's gains to 158.00 as the US Dollar remains depressed amid hopes for Iran diplomacy and ahead of US midterm elections. Meanwhile, intervention risks support the Japanese Yen, though the uncertainty over the timing of the next BoJ rate hike caps gains. This keeps the pair confined within a familiar range and warrants caution before placing directional bets.


Gold struggles below $3,950 amid Fed hike bets, ahead of US midterm elections

Gold struggles below $3,950 amid Fed hike bets, ahead of US midterm elections

Gold weakens further below $3,950 during the Asian session, reversing part of the previous day's recovery from a one-year low set last week. Data released on Monday showed that US manufacturing sector business activity expanded for the 10th straight month in October. The Institute for Supply Management's Manufacturing PMI came in higher than consensus estimates and rose to 55.5 in October from 54.5 in the previous month. This reaffirms hawkish US Federal Reserve expectations, which along with rebounding US bond yields, prompt fresh selling around the non-yielding yellow metal.

Cardano extends losses as sellers stay in control

Cardano extends losses as sellers stay in control

Cardano (ADA) extends correction, trading below $0.189 on Tuesday after losing key support zone the previous day. Mixed derivatives data and cautious on-chain metrics continue to weigh on bullish sentiment, while weakening technical indicators suggest further downside risks for ADA.

What a split Congress means for the US Dollar

What a split Congress means for the US Dollar

The United States is going to the polls on Tuesday, and much is at stake. The mid-term elections mean the renovation of roughly one-third of the Senate and all 435 of the House seats. Additionally, special elections in Florida and Ohio will be held to fill the seats vacated by US Secretary of State Marco Rubio and Vice President JD Vance.

The 2% inflation target came from a throwaway remark. It now moves trillions

The 2% inflation target came from a throwaway remark. It now moves trillions

The Federal Reserve's 2% inflation goal grew out of an off-the-cuff remark by a New Zealand politician in 1988. Bond investors still price long-term US debt as if 2% holds, so a change in how the Fed measures inflation would move markets.

Best Brokers in 2026

Top Brokers in the MENA Region
Top Brokers in the MENA Region
Best Prop Trading Firms in 2026
Best Prop Trading Firms in 2026
Best Crypto Exchanges & Trading Platforms in 2026
Best Crypto Exchanges & Trading Platforms in 2026
Five best Forex brokers in 2026
Five best Forex brokers in 2026
Best brokers in Indonesia
Best brokers in Indonesia
Best brokers in Latin America - LATAM 2026
Best brokers in Latin America - LATAM 2026
Best brokers to trade EUR/USD
Best brokers to trade EUR/USD
Brokers with Islamic and swap-free accounts
Brokers with Islamic and swap-free accounts
Best Forex Brokers with low spreads in 2026
Best Forex Brokers with low spreads in 2026
Best brokers to trade Gold
Best brokers to trade Gold
Best CFD Brokers in 2026
Best CFD Brokers in 2026
Best Regulated Brokers in 2026
Best Regulated Brokers in 2026