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 retail sales

GBPUSD Slumps to 1.3039 After Weak UK Retail Sales

GBPUSD gives up over 50 pips after weaker retail sales data from the UK. United Kingdom Retail Sales (month over month) registered at -0.6%, well below forecasts of  0.7% in December, the yearly reading came in at 0.9% also below estimates of 2.6%. Retail Sales ex-fuel (year over year) came [...]