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: GBPCADGBPCHFGBPINRGBPJPYGBPUSD.

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


GBPUSD News

gbpusd

GBPUSD Closes Higher for 3 Consecutive Trading Days. What Could Fuel Its Rally?

GBPUSD has recouped most of its losses for the past few trading days. Yesterday marked the third consecutive day of gains for the currency pair, can it extend its winning streak even further?

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GBPUSD

UK Retail Sales Weaker Than Expected, GBPUSD Unfazed

GBPUSD stabilize today after weaker retail sales but seems that the market has already discount much of the weaker economic data. UK Retail Sales came in at -0.3% below the expectations of 0.2% in February. The yearly reading for Retail Sales came in at 0% below the consensus of 0.8%....

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GBPUSD

GBPUSD Up After UK CPI Data, Forms Double Bottom Hinting More Upside Potential

GBPUSD is trading slightly higher today following the UK CPI data for February. As of this writing, the currency pair is up by 0.67% or 78.3 points at 1.1838. GBPUSD, 15-minute chart Read our Best Trading Ideas for 2020. According to the Office for National Statistics, the headline CPI figure...

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GBPUSD

GBPUSD Surges On Better UK Manufacturing PMI Data

The GBPUSD pair rose by more than 100 basis points as traders on broad US dollar selloff. The US dollar index, which measures the value of the dollar against a basket of currencies declined by more than 1%. This is after the Federal Reserve announced a new round of monetary [...]
GBPUSD

GBPUSD Gives Up Gains on Coronavirus Fears But Technicals Suggest a Potential Rally

GBPUSD initially traded higher during the Asian session on profit-taking but the currency pair is now under selling pressure as risk aversion once again creeps in. The currency pair has fallen from an intraday high of 1.1713 and is currently trading at 1.1630, below its open price at 1.1669....

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GBPUSD

GBPUSD Hits Multi-Years Lows And Rebounds On Monetary Measures

GBPUSD hit in the early Asian session the multi-year lowest level at 1.1411 but managed to rebound sharply and reversed all of yesterday’s loses. The Bank of England in a surprising move yesterday cut the interest rates from 0.25% to 0.1%. The BOE also announced the increase of UK government...

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GBPUSD

GBPUSD Choppy As BoE Cuts Rates Again to All-time Low of 0.1%

In an emergency meeting held this afternoon, the Bank of England (BoE) has delivered a rate cut to send the interest rates to an all-time low of 0.1%.  Here are excerpts from the BoE's statement explaining today's action:  conditions in the UK gilt market have deteriorated At its special meeting [...]