Tomorrow at 1pm GMT, the Bank of England Interest Rate decision will be made public, as well the voting pattern...
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 steadily traded lower after it opened at 1.3327 yesterday. Market participants have grown worrisome of Prime Minister Johnson’s Brexit...
The GBPUSD is trading lower this Tuesday after it emerged that the new Conservative government may not pursue a Brexit...
The British pound traded lower yesterday as market participants worried about Brexit. GBPUSD peaked during the Asian session to an...
Price action on GBPUSD last Friday was a classic “buy the rumors, sell the news” move. The currency pair initially...
European and US PMIs to Provide Insight on Economic Health Purchasing Manager’s Indices (PMIs) are surveys to business executives who...
GBPUSD started the Asian trading session hitting fresh yearly highs at 1.3511. As we progressed in the day the pair...
The British Pound is surging in the Asian session on Friday as the Conservative Party looks set to storm to...
The British pound is trading at its highest level in 18 months against the US dollar. As of this writing,...
On Wednesday, FED chairperson Jerome Powell delivered a dovish statement. Based on his statement, it’s very obvious FED has no...