The GBPUSD pair rose slightly after the ONS released weak GDP data for the first quarter. The pair moved slightly...
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 is seeing some selling pressure ahead of the UK GDP. Here are two scenarios of what could happen when the report is released later today.
GBPUSD has formed a double top chart pattern as the UK and EU resume their Brexit negotiations this week. What can we expect?
The GBPUSD pair remained firm above the important resistance level of 1.2400 as the market refocused on the new round...
GBPUSD is trading higher early in May Day as it recoups some of its losses yesterday, triggered by dovish remarks from BOE Governor Bailey.
The GBPUSD pair rose slightly after the Bank of England (BOE) delivered its interest rate decision. With the benign rate decision now behind us, focus will shift to the US jobs numbers, which will be released later today and tomorrow.
GBPUSD breaks lower at two-week lows in the afternoon as the selling pressure accelerates after the pair breached below the...
The GBP/USD pair rose in early trading as the market waited for a busy data day. The pair also rose because of the overall weakness of the US dollar, which has dropped by about 5 basis points.
GBPUSD trading lower in today’s trading on dollar strength and as investors get ready for the upcoming BOE rate decision. What will UK policymakers do?
GBPUSD trading higher in a volatile session having tested earlier the 50-day moving average at 1.2449 from where it started a rebound after the release of economic data from the USA.