GBPUSD slumps to daily lows after better than expected employment date from the USA. The United States Nonfarm Payrolls (NFP) came in at 1763K in July, beating the expectations of 1600K
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
GBPUSD News
Morning Brief: DXY under pressure while GBPUSD spikes after BOE
The GBPUSD is up by more than 0.30% as traders react to the Bank of England (BOE) interest rate decision. As was widely expected, the bank left interest rate unchanged at 0.10% and left its quantitative easing program intact. The decision came two days after analysts at Bank of America […]
GBPUSD Spikes After BOE Decision – Eyes 2019 High
The GBPUSD pair is up slightly at 06:00 (GMT) as investors react to the Bank of England (BOE) interest rate decision. The pair is trading at 1.3173, which is its highest level since March this year. In its rates decision, the BOE did what most analysts were expecting. It left […]
GBPUSD Approach Yearly Highs On USD Weakness
GBPUSD regain today the positive momentum as the pressure to USD returns after politicians in Washington failed to reach an agreement and continue to negotiate on the new relief package that will support the US economy
GBPUSD Breaks Lower as USD Gains Momentum
GBPUSD slide today testing the 1.30 mark as the correction that started three days ago continue today. USD is attracting some bids today across the board after several days of selling pressure.
32-Month High for the UK PMI Manufacturing – Bullish GBPUSD
GBPUSD Trades at 4-Month Highs on USD Weakness; UK Lockdowns Shrugged Off
GBPUSD Back at 1.30 – What Next?
GBPUSD Rejected Today at 1.29 – Can the Bulls Break Higher
GBPUSD seesaws today having hit earlier fresh four-month highs as the pressure on USD eased today. Risk-on sentiment drives investors away from the USD, which acted as a safe haven asset
GBPUSD Extends Winning Streak to 7 Days, Surges to 4-Month Highs on Dollar Weakness
Special Report
Published: June 30, 2020 | Authors: Alejandro Zambrano, Martin Lam, and Cameron Bowen.
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