{"id":832393,"date":"2025-03-08T08:12:11","date_gmt":"2025-03-08T14:12:11","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/08\/pound-sterling-price-news-and-forecast-gbp-usd-climbs-above-1-2900-following-us-nfp-data\/"},"modified":"2025-03-08T08:12:11","modified_gmt":"2025-03-08T14:12:11","slug":"pound-sterling-price-news-and-forecast-gbp-usd-climbs-above-1-2900-following-us-nfp-data","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/08\/pound-sterling-price-news-and-forecast-gbp-usd-climbs-above-1-2900-following-us-nfp-data\/","title":{"rendered":"Pound Sterling Price News and Forecast: GBP\/USD climbs above 1.2900 following US NFP data"},"content":{"rendered":"<div id=\"fxs_article_body\">\n<h2>GBP\/USD climbs above 1.2900 following US NFP data<\/h2>\n<div>\n<p>The Pound Sterling (GBP) registered solid gains versus the US Dollar (USD) in early trading on Friday during the North American session, even though the latest jobs report in the United States (US) depicts the economy remains solid. Nevertheless, fears of a recession in the US keep the Greenback on the back foot, and\u00a0GBP\/USD is trading\u00a0at 1.2920, up over 0.30%. <a href=\"https:\/\/www.fxstreet.com\/news\/gbp-usd-climbs-above-12900-following-us-nfp-data-202503071522\" target=\"_blank\">Read More&#8230;<\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/editorial.fxsstatic.com\/miscelaneous\/image-638769577304518177.png\"><\/p>\n<h2>Pound Sterling outperforms US Dollar as US NFP, wage growth miss estimates<\/h2>\n<\/div>\n<div>\n<p>The Pound Sterling (GBP)\u00a0refreshes an almost four-month high\u00a0near 1.2940 against the US Dollar (USD) in the North American\u00a0trading session on Friday. The GBP\/USD pair\u00a0strengthens as the US Dollar slides further after the\u00a0United States (US) labor market data for February misses estimates. The\u00a0<a data-fxs-autoanchor href=\"https:\/\/www.fxstreet.com\/news\/nonfarm-payrolls-forecast-us-job-growth-set-to-rebound-in-february-after-weak-january-data-202503070500\">Nonfarm Payrolls<\/a>\u00a0(NFP) report showed the economy\u00a0added 151K\u00a0fresh workers, slightly lower than estimates of 160k but higher than 125k\u00a0recorded in January, revised down from 143K. The Unemployment Rate came in higher at 4.1%, compared to expectations and the former release of 4%. <a href=\"https:\/\/www.fxstreet.com\/news\/pound-sterling-holds-onto-gains-against-us-dollar-ahead-of-us-nfp-report-202503070743\" target=\"_blank\">Read More&#8230;<\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/editorial.fxsstatic.com\/miscelaneous\/_GBP_USD_2025-03-07_12-52-20-638769301538699525.png\"><\/p>\n<h2>GBP\/USD steadies around 1.2900 as traders adopt caution ahead of US Nonfarm Payrolls<\/h2>\n<\/div>\n<div>\n<p>GBP\/USD holds little gains after registering losses in the previous session, trading around 1.2880 during the Asian hours on Friday. The pair steadies as traders adopt caution ahead of the US\u00a0<a data-fxs-autoanchor href=\"https:\/\/www.fxstreet.com\/macroeconomics\/economic-indicator\/nfp\">Nonfarm Payrolls<\/a>\u00a0(NFP) report scheduled to be released later in the North American session. <a href=\"https:\/\/www.fxstreet.com\/news\/gbp-usd-steadies-around-12900-as-traders-adopt-caution-ahead-of-us-nonfarm-payrolls-202503070346\" target=\"_blank\">Read More&#8230;<\/a><\/p>\n<\/div><\/div>\n<div>\n<p>Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page. <\/p>\n<p>If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.<\/p>\n<p>FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.<\/p>\n<p>The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice. <\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/www.fxstreet.com\/news\/pound-sterling-price-news-and-forecast-gbp-usd-climbs-above-12900-following-us-nfp-data-202503071636\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Leigha Mote<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GBP\/USD climbs above 1.2900 following US NFP data The Pound Sterling (GBP) registered solid gains versus the US Dollar (USD) in early trading on Friday during the North American session, even though the latest jobs report in the United States (US) depicts the economy remains solid. Nevertheless, fears of a recession in the US keep<\/p>\n","protected":false},"author":1,"featured_media":832394,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2794,32662],"tags":[],"class_list":["post-832393","post","type-post","status-publish","format-standard","has-post-thumbnail","category-pound","category-sterling"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/832393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=832393"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/832393\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/832394"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=832393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=832393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=832393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}