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.
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 bullish setup at the 1.30 level
GBPUSD is one of the strongest performers in today’s trading despite news of lockdowns in some parts of the UK being reimposed.
Triangle as a reversal pattern broke higher - bullish GBPUSD setup
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
Just like most of the major currency pairs, GBPUSD is enjoying a bullish start to today’s trading on the back of USD weakness.
GBPUSD has enjoyed a bullish run in the past few trading days. Can the UK retail sales report help push GBPUSD to new monthly highs?
GBPUSD is the only one among the major currency pairs that is trading lower. The currency pair is facing some selling pressure on talks of a no-deal Brexit.
GBPUSD breaks to five-month highs as the risk appetite has returned to markets pushing the safe-haven USD lower. Investors shift their attention today to risky assets after
The GBPUSD pair is up by more than 0.20% as traders downplay the rising tensions between the UK and China....