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 Breaks Below 1.29 USD Safe Haven Status On The Bid

GBPUSD trades close to daily lows amid USD strength across the board. Coronavirus concerns shift investors attention to the safe-haven US Dollar. Investors ignore the recent strong economic data from the UK economy as the coronavirus uncertainty threats global economy. On Friday, the UK Manufacturing production rose in February at [...]
GBPUSD

GBPUSD At Daily Highs After Upbeat Manufacturing PMI

GBPUSD trades close to daily highs supported by stronger UK PMI  data. Manufacturing production rose in February at 51.9 beating the expectations of 49.7.  The manufacturing PMI is now the highest it has been in almost a year. But firms are reporting that stocks of inputs are taking longer to [...]
GBPUSD

UK Retail Sales Beat Forecasts GBPUSD Pair Losses

GBPUSD jumped over 25 pips after the release of better retail sales from th UK. The United Kingdom Retail Sales came in at 0.9% beating forecasts of 0.7% in January. The yearly reading for the retail sales came in at 0.8% also topping the forecasts of 0.7%, the higher reading [...]
GBPUSD

GBPUSD Higher After Positive UK Employment Data

GBPUSD is adding 0.17% at 1.3025 after better than expected UK employment data. UK Claimant Count Rate dropped to 3.4% in January from the previous 3.5%. The Unemployment Rate for December came in at 3.8% in line with consensus. The UK Average Earnings Excluding Bonus came in at 3.2%, below [...]
GBPUSD

GBPUSD Retreat – Five Day Rally Stalled at 1.3070

GBPUSD gives up 0.20% at 1.3012 as the pair retreat from ten-day highs after failing to break above the 100-day moving average twice in February. Last week, British pound boosted by the UK GDP for December came in at +0.3% topping the market consensus of +0.2%. The UK Construction output [...]