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GBP/USD

GBP/USD - The British Pound against the US Dollar is one of the oldest currency pairings in the world. The pair is often called 'The Cable', as the first transatlantic communication cable run across the floor of the Atlantic, connecting Great Britain with The United States, was used to transmit currency prices between the two economies. 'The Cable' remains a favorite of traders today, accumulating massive interest considering the size of The UK economy.

GBP/USD Rate

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Weekly British Pound and US Dollar Trading Forecast

Symbol Forecast Outlook

Candlestick

Symbol Trend Bias Time Frame Candlestick Formation Candle Bias Chart Links

Elliot Wave

Symbol Bias Time Frame Invalidation Objective Chart Links

Sentiment

Symbol LastWeek Present %Long Change:
Open Interest
Signals Chart Links

GBP/USD Support & Resistance

W - Weak | M - Moderate | S - Strong
Symbol Trend Volatility Analysis / Chart
GBP/USD
S1: 1.5395S
S2: 1.5322M
S3: 1.5180M
R3: 1.5923M
R2: 1.5737M
R1: 1.5573S
66%
View OutlookView Outlook
Chart Chart
Fri, 27 Feb 2015 21:38:00 GMT

GBP/USD Pivot Points

British Pound US Dollar News

GBP/USD Technical Analysis: Initial Long Trade Profit Taken
GBP/USD Drops into Median Line
GBP/USD Rebound Stalls at Former Support- Bearish RSI Break in Focus
The lack of momentum to retain the bullish RSI momentum may highlight a near-term top in GBP/USD especially as the pair fails to push above former support.
Sharp Shift in Sentiment Warns of British Pound Weakness
We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are long gives signal that the GBPUSD may continue lower. The trading crowd has...
Yen Cross Less Likely to Rise in Falling Volatility Than EURUSD, GBPUSD
US equities and the VIX volatility index tend to move in a virtual mirror to each other.

Forex Economic Calendar

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Date Time Currency Event Importance Actual Forecast Previous Notes
Tue
Feb 24
14:45
USD Markit US Composite PMI (FEB P) 56.8 54.4
14:45
USD Markit US Services PMI (FEB P) 57.0 54.5 54.2
15:00
USD Consumer Confidence (FEB) 96.4 99.5 103.8
Thu
Feb 26
09:30
GBP Gross Domestic Product (YoY) (4Q P) 2.7% 2.7% 2.7%
13:30
USD Consumer Price Index (YoY) (JAN) -0.1% -0.1% 0.8%
13:30
USD Consumer Price Index Ex Food & Energy (YoY) (JAN) 1.6% 1.6% 1.6%
13:30
USD Durable Goods Orders (JAN) 2.8% 1.6% -3.7%
Fri
Feb 27
13:30
USD Gross Domestic Product (Annualized) (4Q S) 2.2% 2.0% 2.6%
13:30
USD Personal Consumption (4Q S) 4.2% 4.3% 4.3%