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

FXStreet Team FXStreet

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...

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 price	1.2016
Today Daily Change	0.0065
Today Daily Change %	0.54
Today daily open	1.1951

Trends
Daily SMA20	1.2047
Daily SMA50	1.2141
Daily SMA100	1.1977
Daily SMA200	1.1919

Levels
Previous Daily High	1.2036
Previous Daily Low	1.1925
Previous Weekly High	1.2148
Previous Weekly Low	1.1928
Previous Monthly High	1.2402
Previous Monthly Low	1.1915
Daily Fibonacci 38.2%	1.1967
Daily Fibonacci 61.8%	1.1994
Daily Pivot Point S1	1.1905
Daily Pivot Point S2	1.1859
Daily Pivot Point S3	1.1794
Daily Pivot Point R1	1.2016
Daily Pivot Point R2	1.2082
Daily Pivot Point R3	1.2128

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 bounces toward 1.1750 as US Dollar loses strength

EUR/USD returned to the 1.1750 price zone in the American session on Friday, despite falling Wall Street, which indicates risk aversion. Trading conditions remain thin following the New Year holiday and ahead of the weekend, with the focus shifting to US employment and European data scheduled for next week.

GBP/USD nears 1.3500, holds within familiar levels

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 with modest intraday gains at around 1.3490 as market participants remain in holiday mood.

Gold trims intraday gains, approaches $4,300

Gold retreated sharply from the $4,400 area and trades flat for the day in the $4,320 price zone. Choppy trading conditions exacerbated the intraday decline, although XAU/USD bearish case is out of the picture, considering growing expectations for a dovish Fed and persistent geopolitical tensions.

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).