CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.88% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.

GBP/USD

Special Reports - 10/02/2026

10 February, 2026

The example below uses Contracts For Difference (CFDs). Calculations are only on the price of the specific instrument on the date below and calculations indicate a possible profit or loss. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk.

GBP/USD Weekly Special Report based on 1.00 Lot Calculation:

EVENTS USA:

  • WEDNESDAY, FEBRUARY 11 AT 13:30 GMT: U.S. NONFARM PAYROLLS (NFP) AND UNEMPLOYMENT RATE (JANUARY): Weaker-than-expected job growth or a rise in the unemployment rate would reinforce expectations for Federal Reserve rate cuts. A softer labor market could weigh on the U.S. dollar and support further upside in GBP/USD.
  • FRIDAY, FEBRUARY 13 AT 13:30 GMT: US INFLATION DATA (CPI) (JANUARY): A lower-than-expected inflation reading would reinforce expectations for Federal Reserve rate cuts. With U.S. headline CPI currently at 2.7%, down from recent highs near 3%, further easing in price pressures could weigh on the dollar and support continued upside in GBP/USD.
  • FRIDAY, FEBRUARY 20 AT 13:30 GMT: US GROSS DOMESTIC PRODUCT (GDP) (Q4): A softer-than-expected Q4 GDP reading would raise expectations for Federal Reserve rate cuts as growth momentum slows. Weaker U.S. growth may pressure the dollar and support further upside in GBP/USD.

EVENTS UNITED KINGDOM:

  • THURSDAY, FEBRUARY 12 AT 7:00 GMT: UK GROSS DOMESTIC PRODUCT (GDP) (Q4). A stronger-than-expected Q4 growth reading would reinforce confidence in the UK economic outlook. Signs of improving momentum could support the pound and push GBP/USD higher.
  • TUESDAY, FEBRUARY 17 AT 7:00 GMT: UK UNEMPLOYMENT RATE (DECEMBER). A stable or lower unemployment rate would point to resilience in the UK labor market. Strong employment conditions could support the pound and add upward momentum to GBP/USD.
  • WEDNESDAY, FEBRUARY 18 AT 7:00 GMT: UK INFLATION (CPI) (JANUARY). A stronger inflation reading would ease pressure on the Bank of England to cut rates quickly, so a higher-than-expected CPI could lift the pound and support an uptrend in GBP/USD.

TECHNICAL ANALYSIS:

  • CURRENT UPTREND (SINCE JANUARY 2026): The black trend line, describing the uptrend, is depicted on the chart below. The GBP/USD currency pair has tested levels around 1.33 in January, and since then, it has been moving above this uptrend line. However, there remains a risk of a potential breakout below this level if market conditions change.
  • 20-, 50-, AND 100-DAILY MOVING AVERAGE POINT TO UPTREND: GBP/USD currency pair has recently traded above the 20-, 50-, and 100-Daily Moving Average, pointing to an ongoing uptrend. However, this trend can also change if prices fall below the 20-, 50-, and 100-Daily Moving Average.
  • SUPPORT AREA: 1.3420 – 1.3520. This zone represents its next support area for GBP/USD currency pair.

GRAPH (Daily): August 2025 – February 2026

Please note that past performance does not guarantee future results

GBPUSD, February 10, 2026
Current Price: 1.3660

GBP/USD

Weekly

Trend direction

UP

Resistance 3

1.4170

Resistance 2

1.3970

Resistance 1

1.3820

Support 1

1.3520

Support 2

1.3470

Support 3

1.3420

Example of calculation based on weekly trend direction for 1.00 Lot1

GBP/USD

Pivot Points

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

Profit or loss in $

5,100

3,100

1,600

-1,400

-1,900

-2,400

Profit or loss in €²

4,281

2,602

1,343

-1,175

-1,595

-2,015

Profit or loss in £²

3,731

2,268

1,170

-1,024

-1,390

-1,756

Profit or loss in C$²

7,170

4,358

2,249

-1,968

-2,671

-3,374

  1. 1.00 lot is equivalent of 100.000 units
  2. Calculations for exchange rate used as of 10:25 (GMT) 10/2/2026

There is a possibility to use Stop-Loss and Take-Profit.

  • You may wish to consider closing your position in profit, even if it is lower than suggested one.
  • Trailing stop technique could protect the profit.
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