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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: 1.6832M
S2: 1.6721S
S3: 1.6610M
R3: 1.7053S
R2: 1.6969M
R1: 1.6919M
89%
View OutlookView Outlook
Chart Chart
Fri, 01 Aug 2014 19:47:00 GMT

GBP/USD Pivot Points

British Pound US Dollar News

British Pound Likely to Continue Lower Unless Bank of England Reacts
Traders sent the Sterling lower for the fourth-consecutive trading week, and whether it can recover into the new month may depend on the upcoming Bank of England monetary policy d...
FX Reversals: GBPUSD Market Breakout
The GBPUSD has dropped to multi week lows. Even with disappointing NFP numbers, the pair remains in breakout territory.
GBP/USD Hits Fresh Session Low As UK Manufacturing PMI Loses Steam
The UK Manufacturing PMI misses market expectations causing the GBP/USD to plunge over 25 pips. The cable hits a fresh session low of 1.6840.
GBP/USD Technical Analysis: Passing on Short Trade Setup
British Pound Breakdown Confirmed, Look for Losses
A substantial reversal in the British Pound produced a similarly significant turn in sentiment, and our retail FX positioning data points to further GBPUSD declines.

Forex Economic Calendar

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Date Time Currency Event Importance Actual Forecast Previous Notes
Wed
Jul 30
12:30
USD Gross Domestic Product (Annualized) (2Q A) 4.0% 3.0% -2.1%
12:30
USD Personal Consumption (2Q A) 2.5% 1.9% 1.2%
12:30
USD Gross Domestic Product Price Index (2Q A) 2.0% 1.8% 1.3%
18:00
USD Fed Pace of Treasury Pur (JUL) $15B $15B $20B
18:00
USD Fed Pace of MBS Purchases (JUL) $10B $10B $15B
18:00
USD Federal Open Market Committee Rate Decision (JUL 30) 0.25% 0.25% 0.25%
Fri
Aug 1
12:30
USD Change in Non-farm Payrolls (JUL) 209K 230K 298K
12:30
USD Unemployment Rate (JUL) 6.2% 6.1% 6.1%
12:30
USD Personal Consumption Expenditure Core (YoY) (JUN) 1.5% 1.4% 1.5%
14:00
USD ISM Manufacturing (JUL) 57.1 56.0 55.3