GBPUSD retreat from eight-month highs as British investors enjoying a bank holiday in the U.K. after strong gains on Friday session. A weak USD has sparked a rally in most G7 currencies
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
The GBPUSD pair, just like other USD pairs, played a waiting game so far this week. Market participants do not...
GBPUSD is muted today ahead of the critical speech by Jerome Powell in the Jackson Hole Symposium. Investors will look for signals on what measures the Fed will take to increase the inflation
The GBPUSD has a hard time above 1.30. Effectively, it did nothing but consolidating throughout August, with little follow-through both...
GBPUSD is trying to stabilize after four days of high volatility the previous week between 1.31 and 1.3250. British pound boosted the last month from an improvement in the Bank of England
It keeps getting better for the GBPUSD pair. The pair is up by 0.18% and is trading at 1.3235, which...
The GBPUSD pair reacted strongly on the FOMC minutes release. It closed the day at its absolute low – a...
The GBPUSD pair is in its fifth straight day of gains today as investors react to the strong inflation data...
Continuation Pattern? The GBPUSD pair started the day with a bullish tone. As we get closer to the FOMC minutes...
The Pound was one of the currencies which benefited from the bearish greenback situation in July. August has seen the...