The pound was under heavy selling pressure yesterday as bad news came from all fronts. GBPUSD dropped to an intraday...
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
As the UK economy approaches the Brexit deadline in January 31st many analysts argue for a rate cut by the...
Unlike the euro, the pound did not find any reprieve from the sellers’ advances despite disappointing US data on Friday....
Next week is going to be another busy week in the markets with a handful of economic reports due for...
GBPUSD dropped sharply to 1.3011 from its intraday high of 1.3123 as BOE Governor Mark Carney hinted at further easing....
Download and read our free Q1 Global Market Outlook written by InvestingCube, and ATFX Global market analysts.
Here are are the topics covered in the first market outlook for the year.
- EURUSD to Drift Lower as US Economic Growth Outpaces Euro Area’s
- GBPUSD’s Fate Remains Squarely in the Hands of Voters
- USDJPY Should Be Trading Higher Given the Sharp Rise In Stock Markets and US Bond Yields
- AUDUSD to Remain Under Pressure as RBA Might Cut Rates Once Again
- Gold prices future will depend on Brexit and the US Political Situation
- Can the oil cut production plan by opec+ meet the market’s demand?
- S&P 500: 2020 Q1 will be a crucial time for investors
- Bitcoin Fails to Maintain Upward Wave and Returns below 7000 USD
- Ethereum loses its luster after the demand for ICO’s decline
The GBPUSD pair started its bullish correction after hitting the support at 1.21987, low of 10th October 2019. The bullish...
GBPUSD has been little changed despite news that Iran has bombed two US military bases. The currency pair has trading...
GBPUSD recouped some of its losses in yesterday’s trading as headlines were quiet for updates on the US-Iran conflict. The...
GBPUSD extended its losses on Friday as risk aversion dominated market sentiment The currency pair peaked at 1.3159 during the...