GBPUSD News

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

GBP/USD: How Strong is the Optimism of UK Reopening?

Forex

·Apr 07, 2021, 12:29 BST

GBP/USD is trading higher as the market cools off after its reaction to the lower-than-expected UK PMI numbers. The country’s...

GBPUSD Consolidates Ahead of the UK Retail Sales; Potential Head & Shoulders Eyed

Forex

·Apr 24, 2020, 04:58 BST

GBPUSD is trading in a tight 20-pip range in today’s Asian session, ahead of the release of the UK’s retail sales report for March.

GBPUSD Heads Up On GDP And Industrial Production Data. Will the Dollar Fight Back?

Forex

·Aug 15, 2024, 09:54 BST

GBPUSD stays on the ascending trajectory, boosted by positive UK macroeconomic data. The cable climbed up by 0.1 percent to...

GBPUSD: Here’s Why the British Pound is Sinking Today

Forex

·Sep 07, 2020, 08:27 BST

The GBPUSD pair is falling today as traders react to the rising risks of a no-deal Brexit and the overall...

GBPUSD Sold as Barnier Hints at No-Deal Possible

Forex

·Dec 02, 2020, 11:59 GMT

The GBPUSD pair continues to react to Brexit related headlines. It did so again today and managed to put a...

GBPUSD Pushing Against Dynamic Resistance – Triple Top or Continuation Pattern?

Forex

·Aug 18, 2020, 09:09 BST

Continuation Pattern? The GBPUSD pair started the day with a bullish tone. As we get closer to the FOMC minutes...

Bearish Engulfing on the GBPUSD Pair After Fed Releases the August FOMC Minutes

Forex

·Aug 20, 2020, 09:08 BST

The GBPUSD pair reacted strongly on the FOMC minutes release. It closed the day at its absolute low – a...

BOE Interest Rate Preview and Forecast for GBP/USD

Forex

·Feb 04, 2021, 06:34 GMT

The GBP/USD price broke-out lower ahead of the important BOE interest rate decision that will come out at 12:00 GMT....

GBP/USD Forecast Ahead of UK CPI and Flash PMI Data

Forex

·Dec 16, 2020, 05:31 GMT

The GBP/USD is in a tight range as traders wait for the important Fed decision, flash PMIs, and UK inflation...

GBPUSD inches lower ahead of Andrew Bailey testimony

Forex

·May 20, 2020, 08:24 BST

The GBPUSD pair declined today as the market reacted to the weak inflation numbers and job cuts decision by Rolls Royce. The market will now focus on a testimony by Andrew Bailey, the Bank of England (BoE) chair. There are also concerns about the stalled Brexit talks.