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British Pound Forecast: GBP/USD Coils Below Resistance- Breakout to Set the Trend

GBP/USD is consolidating just beneath a resistance zone after a strong advance from the January lows. The recent pullback has been measured, with price action stabilizing above structural support levels rather than accelerating lower.
Date: 12.02.2026  |  Source: forex.com
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Quotes

Instrument Price Change (%)
EURUSD 1.186940 -0.016847%
GBPUSD 1.362000 -0.052102%
USDJPY 152.705000 -0.25605%
XAUUSD 4922.080000 -3.19023%
USDCAD 1.360980 +0.26079%
NZDUSD 0.603100 -0.33772%
USDCHF 0.769340 -0.1661%
AUDUSD 0.708480 -0.63568%
EURGBP 0.870920 -0.043613%
EURJPY 181.228000 -0.31353%
GBPJPY 207.951000 -0.31686%
AUDJPY 108.214000 -0.89762%
CADJPY 112.161000 -0.55062%
CHFJPY 198.354000 -0.12876%
NZDJPY 92.091000 -0.59798%
GBPCHF 1.047440 -0.31976%
EURCHF 0.912630 -0.40469%
USDMXN 17.192260 +0.17632%
USDZAR 15.911300 +0.29715%
USDTRY 43.696200 +0.18174%
USDRUB 77.211000 +0.16216%
USDSEK 8.913820 +0.26535%
USDCNY 6.900500 -0.16638%

Upcoming Important Events

Time Country Event Forecast Previous
13.02.2026
10:00 🇪🇺 Employment Change QoQ (Q4) 0.1 0.2
10:00 🇪🇺 Employment Change YoY (Q4) 0.5 0.6
13:30 🇺🇸 Core Inflation Rate MoM (Jan) 0.2 0.2
13:30 🇺🇸 Core Inflation Rate YoY (Jan) 2.5 2.6
13:30 🇺🇸 Inflation Rate MoM (Jan) 0.1 0.3
13:30 🇺🇸 Inflation Rate YoY (Jan) 2.4 2.7
15.02.2026
23:50 🇯🇵 GDP Growth Rate QoQ (Q4) 0.5 -0.6
17.02.2026
00:30 🇦🇺 RBA Meeting Minutes
07:00 🇩🇪 CPI (Jan) 0.1 0
07:00 🇬🇧 Unemployment Rate (Dec) 5.1 5.1