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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: 1.4981M
S2: 1.4892S
S3: 1.4804W
R3: 1.5268S
R2: 1.5159M
R1: 1.5091S
100%
View OutlookView Outlook
Chart Chart
Fri, 23 Jan 2015 22:20:00 GMT

GBP/USD Pivot Points

British Pound US Dollar News

British Pound Likely to Rally if Critical US FOMC Meeting Disappoints
Extremely stretched price and positioning raises the risk of a GBPUSD bounce, but what could reasonably force the Sterling higher?
Pound Eyeing Carney Comments for Guidance, Euro to Look Past PMIs
The British Pound is looking to comments from BOE Governor Carney for direction cues while the Euro is likely to overlook January’s flash PMI data set.
GBP/USD Technical Analysis: Support Now Below 1.50
GBP/USD Riding Bottom of Channel
Strategy Series, Part 4: The HI-Low Breakout
Position traders look to take advantage of long term trends. Find out how with the HI-Low Breakout strategy.

Forex Economic Calendar

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Date Time Currency Event Importance Actual Forecast Previous Notes
Tue
Jan 27
09:30
LIVE
GBP Gross Domestic Product (YoY) (4Q A) 2.8% 2.6%
13:30
USD Durable Goods Orders (DEC) 0.5% -0.7%
15:00
USD Consumer Confidence (JAN) 95 92.6
Wed
Jan 28
19:00
LIVE
USD Federal Open Market Committee Rate Decision (JAN 28) 0.25% 0.25%
Fri
Jan 30
13:30
LIVE
USD Gross Domestic Product (Annualized) (4Q A) 3.1% 5.0%