Pound Sterling Price News and Forecast: GBP/USD surges above 1.2200

FXStreet Team FXStreet

GBP/USD surges above 1.2200 despite positive US Nonfarm Payrolls and high US yields

The Pound Sterling (GBP) rallied for the third consecutive day against the US Dollar (USD) on Friday as the North American session began to wind down ahead of the weekend. Although September’s Nonfarm Payrolls report was positive, the GBP/USD recovered after reaching multi-month lows of 1.2037 and has risen more than 1.70% towards 1.2240s. Read More...

Pound Sterling remains delicate as robust US job market dampens market mood

The Pound Sterling (GBP) faces an intense sell-off the surprisingly upbeat United States Nonfarm Payrolls (NFP) report for September dampens investors' risk appetite and improves the US Dollar's appeal. The US employers hired 336K individuals, significantly higher than expectations of 170K, and revised August data of 227K. The Unemployment Rate remained unchanged at 3.8% but landed higher than expectations of 3.7%. Read More...

GBP/USD: Further consolidation in the pipeline near term – UOB

UOB Group’s Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia note GBP/USD could extend the consolidative phase in the next few weeks. Read More...

GBP/USD

Overview
Today last price	1.2246
Today Daily Change	0.0054
Today Daily Change %	0.44
Today daily open	1.2192

Trends
Daily SMA20	1.229
Daily SMA50	1.2529
Daily SMA100	1.2609
Daily SMA200	1.2438

Levels
Previous Daily High	1.2196
Previous Daily Low	1.2108
Previous Weekly High	1.2272
Previous Weekly Low	1.2111
Previous Monthly High	1.2713
Previous Monthly Low	1.2111
Daily Fibonacci 38.2%	1.2162
Daily Fibonacci 61.8%	1.2141
Daily Pivot Point S1	1.2134
Daily Pivot Point S2	1.2077
Daily Pivot Point S3	1.2046
Daily Pivot Point R1	1.2223
Daily Pivot Point R2	1.2254
Daily Pivot Point R3	1.2311

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 recovers to 1.1750 region as 2025 draws to a close

Following the bearish action seen in the European session on Wednesday, EUR/USD regains its traction and recovery to the 1.1750 region. Nevertheless, the pair's volatility remains low as trading conditions thin out on the last day of the year.

GBP/USD stays weak near 1.3450 on modest USD recovery

GBP/USD remains under modest beairsh pressure and fluctuates at around 1.3450 on Wednesday. The US Dollar finds fresh demand due to the end-of-the-year position adjustments, weighing on the pair amid the pre-New Year trading lull.

Gold retreats to $4,300 area, looks to post monthly gains

Gold stays on the back foot on the last day of 2025 and trades near $4,300, possibly pressured by profit-taking and position adjustments. Nevertheless, XAU/USD remains on track to post gains for December and extend its winning streak into a fifth consecutive month.

Bitcoin, Ethereum and XRP prepare for a potential New Year rebound

Bitcoin, Ethereum, and Ripple are holding steady on Wednesday after recording minor gains on the previous day. Technically, Bitcoin could extend gains within a triangle pattern while Ethereum and Ripple face critical overhead resistance.

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).