Trade FOREX with FXCM

  • Award-Winning Platform
  • 24/7 Customer Support
  • Trade Directly on Charts
  • Free $50K Practice Account

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

Click here for live GBP/USD rates.

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: 1.7026M
S2: 1.6988S
S3: 1.6929M
R3: 1.7176S
R2: 1.7113M
R1: 1.7060W
98%
View OutlookView Outlook
Chart Chart
Thu, 24 Jul 2014 20:44:00 GMT

GBP/USD Pivot Points

British Pound US Dollar News

British Pound Breakdown Might be the Real Deal
A noteworthy pullback in the British Pound has been met with a potentially significant shift in crowd positions. We might soon turn in favor of selling into GBPUSD losses.
GBP/USD Recovery Doubtful With Void Of Bullish Candlesticks
GBP/USD has extended its slide in recent trading after an Evening Star formation near 1.7170 offered an ominous warning of a correction for the pair.
GBP/USD Technical Analysis: Pound Drifts to 1-Month Low
GBP Crosses Sitting at Support Following BoE- U.K. 2Q GDP in Focus
The Dow Jones-FXCM U.S. Dollar Index looks poised for larger correction, while the British Pound cross rates sit at a key juncture following the BoE Minutes.
GBP/USD Sinks Below 1.7075 As BOE Voted 9-0 To Leave Rate Unchanged
BoE Minutes revealed the MPC members voted 9-0 to leave the Bank Rate unchanged. GBP/USD plunged after the release of this data to trade below 1.7075.

Forex Economic Calendar

Current Time:

GMT0 21:39    

  • (GMT -12) GMT-12:00
  • (GMT -11) GMT-11:00
  • (GMT -10) Hawaii
  • (GMT -9) Aleutian
  • (GMT -8) Alaska
  • (GMT -7) Los Angeles, Vancouver
  • (GMT -6) US & Canada
  • (GMT -5) Chicago, Mexico City
  • (GMT -4) Toronto, New York, Santiago
  • (GMT -3) Brasilia, Buenos Aires, Halifax
  • (GMT -2) DeNoronha
  • (GMT -1) GMT-01:00
  • (GMT +0) UTC
  • (GMT +1) Lisbon, London
  • (GMT +2) Paris, Berlin
  • (GMT +3) Istanbul, Nairobi, Athens
  • (GMT +4) Dubai, Moscow
  • (GMT +5) Karachi, Islamabad
  • (GMT +5:30) Mumbai, Delhi
  • (GMT +6) Dhaka, Almaty
  • (GMT +7) Jakarta, Bangkok
  • (GMT +8) Shanghai, Singapore
  • (GMT +9) Tokyo, Seoul
  • (GMT +9:30) Adelaide, Darwin
  • (GMT +10) Brisbane, Sydney, Melbourne
  • (GMT +11) Vladivostok
  • (GMT +12) Auckland, GMT+12:00, Fiji
  • (GMT +13) Samoa
Date Time Currency Event Importance Actual Forecast Previous Notes
Tue
Jul 22
12:30
USD Consumer Price Index (YoY) (JUN) 2.1% 2.1% 2.1%
12:30
USD Consumer Price Index Ex Food & Energy (YoY) (JUN) 1.9% 2.0% 2.0%
Fri
Jul 25
08:30
GBP Gross Domestic Product (QoQ) (2Q A) 0.8% 0.8%
08:30
GBP Gross Domestic Product (YoY) (2Q A) 3.1% 3.0%
12:30
USD Durable Goods Orders (JUN) 0.4% -0.9%