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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: 1.5991W
S2: 1.5873S
S3: 1.5680S
R3: 1.6532S
R2: 1.6377S
R1: 1.6184M
74%
View OutlookView Outlook
Chart Chart
Thu, 23 Oct 2014 00:29:00 GMT

GBP/USD Pivot Points

British Pound US Dollar News

GBP/USD Technical Analysis: Eyeing Support Below 1.60
GBP/USD Plunged As BoE Voted 7-2 And Raised Concerns For Global Outlook
BoE Minutes revealed the MPC members voted 7-2 to leave the Bank Rate unchanged. GBP/USD plunged to a session low below 1.6100 level.
GBP/USD Recovery Falters As Dark Cloud Cover Awaits Confirmation
GBP/USD has seemingly lost some upward momentum as suggested by a Dark Cloud Cover formation near the 1.6170 barrier.
GBP/USD Technical Analysis: Passing on Long Trade Setup
GBP/USD Nears Trendline Resistance of Interest

Forex Economic Calendar

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Date Time Currency Event Importance Actual Forecast Previous Notes
Wed
Oct 22
08:30
GBP Bank of England Minutes
12:30
USD Consumer Price Index (YoY) (SEP) 1.7% 1.6% 1.7%
12:30
USD Consumer Price Index Ex Food & Energy (YoY) (SEP) 1.7% 1.7% 1.7%
Fri
Oct 24
08:30
GBP Gross Domestic Product (YoY) (3Q A) 3.0% 3.2%