Traders will be watching the Cable this week as a slew of economic data will hit the newswires. Kicking off...
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
Sterling traders are waiting the UK May average weekly earnings, the UK May ILO unemployment rate and the UK June...
UK May average weekly earnings +3.4% vs +3.1% 3m/y expected UK Average Earnings Excluding Bonus came in at 3.6% (3Mo/Yr)...
GBPUSD failed earlier today to capitalize on better wages report and that gave the sellers the opportunity to send the...
Forex Focus: UK and Eurozone CPI Data Good day to all. The European trading session starts with the GBPUSD traders...
Bears are in full control here and yesterday the pair tested the 1.24 mark. GBPUSD yesterday failed to capitalize the...
This is a freemium article. Become a member and you can read it along with other premium content. It is free to join.
UK retail sales positive surprise investors, here is the scorecard: United Kingdom Retail Sales ex-Fuel (year over year) came in...
Good Day to All The European day starts with the release of Germany June PPI figures at 6:00GMT while at...
GBPUSD gives up 10 pips after the United Kingdom Public Sector Net Borrowing came in at at £6.5B topping expectations...