GBPUSD made marginal gains in the early European trading session on Monday as markets in the Eurozone remained closed for...
GBPUSD
In this section, you will find important GBPUSD news, actionable trading ideas, and a live GBPUSD chart to help you understand the markets better.
GBPUSD is also known as Cable amongst Forex traders is the ticker symbol in FX markets that represents how many US dollars you can buy with one British Pound. The price of the pair is affected by changes in both economies and could be affected by changes in monetary policy from the Bank of England and or the US central bank, the Federal Reserve (FED).
Related currencies: GBPCAD – GBPCHF – GBPINR – GBPJPY – GBPUSD.
GBPUSD is one of the major currency pairs and offers high liquidity in the markets and low spreads. Since the 2016 Brexit referendum, the pair has entered a high volatility era as investors try to evaluate what the price of GBP will be after the official divorce from the EU.
Live GBPUSD Chart
The UK Office for National Statistics (ONS) reported that the economy contracted in the fourth quarter of 2023, sending the...
GBPUSD slipped further down in the European trading session on Wednesday, continuing its downtrend stretching back to March 11th. The...
GBPUSD rose in the Asian session on Tuesday, on reduced dollar appeal, after Monday’s economic data sent mixed signals. The...
GBPUSD leveraged a weak dollar to rise marginally at the opening of the European trading session on Monday. It traded...
The US dollar extended its winning streak against the British pound in the European session on Wednesday amidst news that...
The British pound was in the red against the US dollar for the fourth consecutive session on Tuesday, with GBPUSD...
GBPUSD made marginal gains in the European trading session on Monday. The cable traded at 1.2746, having risen marginally by...
GBPUSD has extended its losses in the early London trading session on Friday. The currency pair lacks support in the...
GBPUSD slid below 1.2800 in the New York session on Thursday, after mixed US macroeconomic data. The cable traded at...