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

GBP/USD Price Analysis Ahead of FOMC Decision

The GBP/USD price momentum is accelerating even as the UK economic situation continues to get worse. The GBPUSD rose to 1.3750, which is the highest level in more than two-and-a-half years. Today, focus will be on the tone of the Federal Reserve. What happened: The GBP/USD price continued its upward […]

GBPUSD

GBP/USD Forecast: Levels to Watch After UK Jobs Data

The GBP/USD is pointing lower ahead of the important UK employment numbers that will come in the morning session. The GBPUSD is trading at 1.3650, which is lower than yesterday’s high of 1.3725. What’s happening: There are three main catalysts pushing the GBP/USD price lower. First, investors are looking ahead […]

GBPUSD

GBPUSD Ascending Triangle Points to 1.40

The GBPUSD consolidated since the new year started in what seems to be an ascending triangle. A pattern like this offers resistance against a horizontal level (1.37 in our case), and by the time the price breaks highs, the measured move equals the longest segment of the triangle. In other […]

GBPUSD

UK CPI Data Preview and the Implications for GBP/USD

The GBP/USD is rising ahead of the UK CPI data that will be released at 07:00 GMT. The GBPUSD is trading at 1.3653, which is higher than this week’s low of 1.3520. What happened: The GBP/USD is rising in part due to the overall weaker US dollar. After rising last […]

GBPUSD

GBPUSD Double Top Points to 1.32 in the Days Ahead

The GBPUSD bounced back from last week’s lows. The pair ended the previous week on a bearish note, on the back of a higher USD across the board. On Friday, the U.S. markets focused more on the long weekend ahead, as the Martin Luther King holiday loomed ahead. With the […]

GBPUSD

GBP/USD: GBP to USD Forecast Ahead of UK CPI Data

The GBP/USD pair is wavering today as traders continued watching the coronavirus issue in the United Kingdom. The GBP to USD is trading at 1.3605, which is an important support level.  What happened: The GBP/USD is little changed as the outlook for the UK economy remains dire. The country confirmed […]