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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.


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Weekly British Pound and US Dollar Trading Forecast

Symbol Forecast Outlook


Symbol Trend Bias Time Frame Candlestick Formation Candle Bias Chart Links

Elliot Wave

Symbol Bias Time Frame Invalidation Objective Chart Links


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
S1: 1.6533M
S2: 1.6470S
S3: 1.6407M
R3: 1.6737S
R2: 1.6659M
R1: 1.6611W
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Chart Chart
Fri, 22 Aug 2014 21:07:00 GMT

GBP/USD Pivot Points

British Pound US Dollar News

GBP/USD Remains Oversold Despite BoE Dissent- RSI in Focus
We may see the British Pound regain its footing ahead of the next interest rate decision on September 4 should the fundamental developments coming out of the U.K. further boost in...
FX Reversals: GBPUSD Reversal Range Update
The GBPUSD has traveresed its daily trading range 3 times in early morning trading. Learn today's reversal prices with the "Chart of the Day!"
GBP/USD Recovery Doubtful As Bullish Signal Fails To Find Confirmation
GBP/USD has been left lacking bullish reversal signals after an Inverted Hammer formation failed to find confirmation.
GBP/USD Technical Analysis: Worst Selloff Since 2008 Persists
British Pound Remains at Risk for Key Reasons
Retail forex traders remain heavily long the British Pound versus the US Dollar, and until that changes we’ll remain in favor of further Sterling weakness.

Forex Economic Calendar

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Date Time Currency Event Importance Actual Forecast Previous Notes
Aug 19
GBP Consumer Price Index (YoY) (JUL) 1.6% 1.8% 1.9%
GBP Retail Price Index (JUL) 256.0 256.2 256.3
USD Consumer Price Index Ex Food & Energy (YoY) (JUL) 1.9% 1.9% 1.9%
USD Consumer Price Index (YoY) (JUL) 2.0% 2.0% 2.1%
Aug 20
GBP Bank of England Minutes
USD Fed Releases Minutes from July 29-30 FOMC Meeting
Aug 21
Kansas City Federal Reserve Jackson Hole Symposium
GBP Retail Sales Incl. Auto (YoY) (JUL) 2.6% 3.1% 3.4%
GBP Retail Sales (YoY) (JUL) 3.4% 3.5% 3.8%
Aug 22
Fed's Yellen Speaks On Labor Markets in Jackson Hole, Wyoming