**GBP/USD Forex Signal: 11 February 2026**
*By Adam Lemon (Credit: DailyForex.com)*
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## Overview
The GBP/USD currency pair remains one of the key focus areas in the forex markets, serving as a reliable barometer for overall risk sentiment and relative economic performance between the United Kingdom and the United States. The pair has entered February 2026 amid heightened interest, as both economies navigate evolving central bank outlooks, inflation trends, and geopolitical uncertainty.
This article provides a detailed breakdown of the GBP/USD technical and fundamental landscape as of February 11, 2026. Drawing on analysis from DailyForex.com, particularly Adam Lemon’s latest GBP/USD Forex Signal, it explores the outlook across multiple timeframes, highlights key support and resistance levels, and offers actionable trading recommendations for both intraday and swing traders.
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## Technical Analysis
### Recent Price Action
The GBP/USD pair has demonstrated a moderate upward momentum since the start of the year, primarily recovering from its late-2025 lows. As of the morning session on February 11, 2026, the pair is consolidating just above the 1.2600 psychological threshold, having encountered resistance near recent swing highs.
– The recent price action displays a clear pattern of higher lows and higher highs on the 4-hour chart.
– The upward-sloping 50-period simple moving average (SMA) lends support to the bullish trend, while price action remains responsive to key pivot points around 1.2650 and 1.2700.
– Sessions with US dollar strength have been met with persistent buying interest near 1.2510, indicating strong support at that level.
### Key Technical Factors
Several technical indicators underscore the mixed undertone confronting GBP/USD traders:
– **Relative Strength Index (RSI):** The 4-hour RSI hovers around 56, signaling mild bullish momentum without overbought conditions.
– **Moving Averages:** The 50-period SMA has recently crossed above the 200-period SMA, commonly interpreted as a bullish signal. However, the gap remains narrow, suggesting potential for either a confirmed breakout or a reversal on negative news.
– **MACD:** The Moving Average Convergence Divergence (MACD) on the daily chart is marginally positive, but the signal line and histogram indicate waning upside momentum.
– **Order Flow:** Recent order book data suggests a buildup of buy orders near 1.2550, while notable sell orders appear clustered at 1.2680 and 1.2725.
### Support and Resistance Levels
A concise list of relevant support and resistance levels:
– **Support:**
– 1.2510 (recent swing low)
– 1.2550 (50-period SMA)
– 1.2465 (January 2026 low)
– **Resistance:**
– 1.2650 (recent high, psychological importance)
– 1.2700 (key round number)
– 1.2725 (multi-week high)
### Chart Patterns
– **Ascending Triangle:** The pair has formed an ascending triangle, with horizontal resistance at 1.2650 and rising trendline support. This setup often precedes bullish breakouts, contingent on a confirmed close above resistance.
– **Double Bottom:** Longer-term charts reveal a double-bottom near 1.2300, adding further weight to the bullish case should the pattern play out.
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## Fundamental Landscape
### US Dollar Drivers
The principal drivers currently influencing the US dollar are:
– **Interest Rate Outlook:** The Federal Reserve has maintained a cautious stance regarding rate cuts, reiterating its data-dependent approach. Recent US macroeconomic data, including robust labor market reports and sticky core inflation, continue to support a relatively hawkish narrative.
– **US Economic Growth:** GDP figures for Q4 2025 exceeded expectations, adding to the dollar’s underlying strength. Nevertheless, forward-looking indicators hint at potential
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