GBPUSD News

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 Weaker on Risk Aversion and Rumors of the BOE Increasing Its QE Program This Week

Forex

·Jun 15, 2020, 05:20 BST

GBPUSD is trading lower ahead of a busy week with UK labor data and the BOE rate decision on deck. Will the BOE really increase its QE later this week?

GBPUSD forms shooting star as UK wages slide to 2014 lows

Forex

·Jun 16, 2020, 07:58 BST

The GBPUSD pair’s momentum eased after the Office of National Statistics (ONS) released mixed employment numbers from the UK. The pair is now trading at 1.2643, which is below the overnight’s high of 1.2687.

GBPUSD wavers as UK inflation falls ahead of BOE interest rate decision

Forex

·Jun 17, 2020, 07:31 BST

The GBPUSD pair is little changed in the Asian session as traders react to the upbeat US retail sales data and the mixed CPI data from the UK.

How to trade GBPUSD ahead and after BOE interest rate decision

Forex

·Jun 18, 2020, 08:31 BST

The GBPUSD pair is little changed today as investors wait patiently for the Bank of England (BOE) interest rate decision....

GBPUSD and EURGBP price action after BOE interest rate decision

Forex

·Jun 18, 2020, 12:29 BST

The GBPUSD pair is little changed today even after the Bank of England (BOE) delivered its interest rate decision. The pair is trading at 1.2535, which is 0.25% lower than the day’s open. The EURGBP pair, on the other hand, is slightly higher and is trading at 0.8942.

GBPUSD Sheds Over 1% as BOE Governor Bailey Hinted That Negative Rates Could Be Possible

Forex

·Jun 19, 2020, 05:47 BST

Yesterday, GBPUSD led losses among the major currencies after the BOE rate statement. Technicals suggest there is more downside potential ahead.

GBPUSD Trades Lower on Coronavirus Concerns; UK PMIs Eyed Ahead

Forex

·Jun 22, 2020, 05:40 BST

Just like most major currencies, GBPUSD finished Friday’s trading lower as concerns about the coronavirus pandemic caused risk aversion.

GBPUSD forms bullish engulfing pattern ahead of UK services PMI data

Forex

·Jun 23, 2020, 07:59 BST

The GBPUSD pair is slightly lower today as traders waited for the flash manufacturing and services PMI data from Markit. The pair is trading at 1.2458, which is slightly higher than yesterday’s low of 1.2337.

GBPUSD Breaks Trendline Resistance on Positive UK PMIs; What Can We Expect Next?

Forex

·Jun 24, 2020, 04:46 BST

GBPUSD was among the biggest winners in yesterday’s trading after UK PMI reports topped expectations. Can it extend its gains today?

Can GBPUSD Hold on to Support as the EU Hints at Compromise in Brexit Issues?

Forex

·Jun 25, 2020, 05:02 BST

With a 101-pip loss, GBPUSD was one of the biggest losers yesterday. However, recent Brexit developments could provide the currency pair with support.

GBPUSD Ichimoku Cloud Analysis: Expect More Downward Pressure

Forex

·Jun 26, 2020, 10:26 BST

The GBPUSD pair is little changed today as investors react to the surging number of coronavirus cases in the United States. They are also increasingly concerned about Brexit, with the June 30 deadline nearing. The GBP/USD pair is trading at 1.2400, which is below this week’s high 1.2541.

GBPUSD Strongest Among Majors But Gains Could Be Limited as Brexit Talks Pick Up

Forex

·Jun 29, 2020, 05:03 BST

GBPUSD leads gains in today's trading but both fundamentals and technicals suggest that any upward movement on the currency pair could be limited.

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