The British pound enjoyed a strong rally against the US dollar last week. After GBPUSD opened at 1.2792, the currency...
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
The GBPUSD is now trading above 1.29 on unconfirmed reports that the Brexit Party in the UK has abandoned 43...
After days of consolidation, GBPUSD finally broke out of its symmetrical triangle. The currency pair pushed past resistance around 1.2860...
Despite yesterday’s top-tier inflation reports from the UK, GBPUSD traded within a tight 37-pip range. The currency pair opened at...
Despite mixed employment reports from the UK yesterday, the British pound managed to hold on to some of its gains...
GBPUSD is unfazed despite UK employment figures printing mixed figures. Data from Office of National Statistics revealed that there were...
Yesterday, the British pound rallied against most of its major counterparts on news that Nigel Farage, leader of the UK...
The British Pound (GBPUSD) just added 72.5 pips in the last 20 minutes, as Nigel Farage, the leader for the...
Third quarter GDP shows that the British economy grew by 0.3% following a 0.2% contraction from April to June 2019....
GBPUSD has been trading lower this November since the Bank of England (BOE) expressed concerns for the British economy. Will...