Last week’s Commitment of Traders (COT) report showed a marked increase in the volumeof Euro short positions, while the volume...
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
As the UK economy approaches the Brexit deadline in January 31st many analysts argue for a rate cut by the...
GBP/USD is trading close to a seven-day high as the Dollar digests fed Chair Powell’s ‘Dovish’ address following the Jackson...
The GBPUSD enters one of the most important trading weeks as events on both sides of the Atlantic will likely...
Despite the lack of economic data from the UK, GBPUSD still managed to close higher in yesterday’s trading. The currency...
GBPUSD trades 0.24% lower at 1.2285 after BoE Saunders said that there is a possibility of an interest rate cut...
The new week is here and it is time to look at the key fundamentals for this week. This week’s...
The new week is relatively scanty in terms of economic news data that can be considered tradable. However, there will...
The EUR/USD price is darting higher ahead of the EU CPI data that will come out at 10:00 GMT. It...
According to the newswires, The President of the European Commission, Jean-Claude Juncker, has been quoted as saying that the EU...