The GBPUSD pair declined slightly after the ONS released weak retail sales numbers. As of 07:23 GMT, the pair is...
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
UK Retail Sales is due for release tomorrow at 6 am GMT. Monthly UK Retail Sales consensus estimates are for...
GBPUSD is among the biggest losers in today’s Asian session, lagging only behind AUDUSD and NZDUSD. Risk aversion seems to...
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.
The GBPUSD pair rose after the Office of National Statistics (ONS) released stronger jobs data than earlier expected. British pound...
The GBPUSD is in focus as the UK Claimant Count is registered tomorrow. Sign up to see the analysis of the GBPUSD as it reacts to the news release.
GBPUSD reversed early losses amid an improvement in risk sentiment, as the number of new coronavirus infections and deaths drops...
GBPUSD recouped some of its losses from its 5-week low after the US jobless claims report yesterday. How will the US retail sales numbers affect it later?
GBPUSD slumps to five-week lows as the pair continues the correction from recent highs. Comments from Fed’s Chair Jerome Powell...
The GBPUSD is trading lower this afternoon after Fed Chair Powell’s comments lifted the US Dollar, reinforcing the bearish impact...