Pound Sterling Price News and Forecast: GBPUSD traders are eyeing December’s US Nonfarm Payrolls data

FXStreet Team FXStreet

GBP/USD plunges toward 1.1900 on US data as traders eye US NFP

The GBP/USD plummets from 1.2078 daily highs toward the 1.1910s area on broad US Dollar (USD) strength triggered by solid labor market data. Wall Street is set to register losses, portraying investors’ dampened mood. At the time of writing, the GBP/USD is trading at 1.1912.

GBP/USD

Overview
Today last price	1.191
Today Daily Change	0.0000
Today Daily Change %	0.00
Today daily open	1.191

Trends
Daily SMA20	1.2119
Daily SMA50	1.1947
Daily SMA100	1.1666
Daily SMA200	1.2024

Levels
Previous Daily High	1.2078
Previous Daily Low	1.1873
Previous Weekly High	1.2126
Previous Weekly Low	1.2002
Previous Monthly High	1.2447
Previous Monthly Low	1.1992
Daily Fibonacci 38.2%	1.1952
Daily Fibonacci 61.8%	1.2
Daily Pivot Point S1	1.1829
Daily Pivot Point S2	1.1749
Daily Pivot Point S3	1.1624
Daily Pivot Point R1	1.2034
Daily Pivot Point R2	1.2159
Daily Pivot Point R3	1.2239

FX weekly: Trades results, GBP/USD and EUR/NZD

EUR/AUD target at 1.5300 and 1.5200 traded from 1.5900's to 1.5416 or +500 pips. EUR/NZD top at 1.6900's offered 12 short trades for about 100 pips per trade. GBP/USD failed at vital 1.2500 and traded to 1.1900's. GBP/CAD broke below 1.6700 and traded to target at 1.6300's. EUR/CAD middle 1.4400's.

EUR/USD climbs to daily highs near 1.1820

EUR/USD now picks up pace and advances to the area of daily peaks north of the 1.1800 barrier at the end of the week. The pair’s decent move higher comes against the backdrop of a generalised lack of direction in the FX galaxy and the mild offered stance in the US Dollar.

GBP/USD trims losses, retests 1.3460

After briefly challenging its key 200-day SMA near 1.3440, GBP/USD now manages to regain some balance and revisit the 1.3460 zone on Friday. Cable’s pullback comes as the selling pressure on the Greenback gathers traction, reigniting some recovery in the risk-linked space.

Gold flirts with four-week highs past $5,200

Gold extends its rebound, climbing for a third consecutive session and pushing back above the $5,200 mark per troy ounce on Friday. The move higher continues to draw support from lingering geopolitical tensions and the ongoing uncertainty surrounding US trade policy, both of which are keeping safe-haven demand firmly in play.

Bitcoin, Ethereum and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary.

Breaking: US and Israel attack Iran, risk aversion to sweep global markets

Early Saturday, United States (US) President Donald Trump announced that the US had begun “major combat operations” in Iran, following Israel’s pre-emptive missile attacks against Tehran.

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.