Pound Sterling Price News and Forecast: GBP/USD stays below 1.2400

FXStreet Team FXStreet

GBP/USD stays below 1.2400 in a slow start to the week

GBP/USD bounced modestly from an intraday low of 1.2343, now changing hands at around 1.2380. The pair edged sharply lower ahead of the US opening, despite the Eurozone and the United Kingdom celebrating Easter Monday, which kept local markets closed. Read More...

GBP/USD slides to one-week lows near 1.2340 as Dollar strengthens

The GBP/USD broke below 1.2380 and tumbled to 1.2342, reaching the lowest level in a week amid a stronger US Dollar across the board. The Greenback gained momentum during the American session as US yields moved to the upside. Read More...

GBP/USD sticks to modest intraday gains above 1.2400, lacks follow-through

The GBP/USD pair reverses an intraday dip to sub-1.2400 levels and turns positive during the first half of the European session, though lacks follow-through. The pair currently trades around the 1.2420-1.2425 region, up less than 0.10%, and for now, seems to have snapped a three-day losing streak. Read More...

GBP/USD

Overview
Today last price	1.2375
Today Daily Change	-0.0043
Today Daily Change %	-0.35
Today daily open	1.2418

Trends
Daily SMA20	1.2293
Daily SMA50	1.2156
Daily SMA100	1.2159
Daily SMA200	1.1902

Levels
Previous Daily High	1.2456
Previous Daily Low	1.2389
Previous Weekly High	1.2525
Previous Weekly Low	1.2275
Previous Monthly High	1.2424
Previous Monthly Low	1.1803
Daily Fibonacci 38.2%	1.2415
Daily Fibonacci 61.8%	1.243
Daily Pivot Point S1	1.2386
Daily Pivot Point S2	1.2354
Daily Pivot Point S3	1.2319
Daily Pivot Point R1	1.2453
Daily Pivot Point R2	1.2488
Daily Pivot Point R3	1.252

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 moves sideways below 1.1800 on Christmas Eve

EUR/USD struggles to find direction and trades in a narrow channel below 1.1800 after posting gains for two consecutive days. Bond and stock markets in the US will open at the usual time and close early on Christmas Eve, allowing the trading action to remain subdued.

GBP/USD keeps range around 1.3500 amid quiet markets

GBP/USD keeps its range trade intact at around 1.3500 on Wednesday. The Pound Sterling holds the upper hand over the US Dollar amid pre-Christmas light trading as traders move to the sidelines heading into the holiday season.

Gold retreats from record highs, trades below $4,500

Gold retreats after setting a new record-high above $4,520 earlier in the day and trades in a tight range below $4,500 as trading volumes thin out ahead of the Christmas break. The US Dollar selling bias remains unabated on the back of dovish Fed expectations, which continues to act as a tailwind for the bullion amid persistent geopolitical risks.

Bitcoin slips below $87,000 as ETF outflows intensify, whale participation declines

Bitcoin price continues to trade around $86,770 on Wednesday, after failing to break above the $90,000 resistance. US-listed spot ETFs record an outflow of $188.64 million on Tuesday, marking the fourth consecutive day of withdrawals.

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.

Avalanche struggles near $12 as Grayscale files updated form for ETF

Avalanche trades close to $12 by press time on Wednesday, extending the nearly 2% drop from the previous day. Grayscale filed an updated form to convert its Avalanche-focused Trust into an ETF with the US Securities and Exchange Commission.