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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: 1.5317W
S2: 1.5237M
S3: 1.5187M
R3: 1.5528W
R2: 1.5447M
R1: 1.5382W
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Chart Chart
Fri, 09 Oct 2015 04:22:00 GMT

GBP/USD Pivot Points

British Pound US Dollar News

BoE Strikes a Cautious Tone on Global Growth Concerns
The British Pound continues to trade with a mean-reversion tendency as prognostications around future rate hikes are becoming even more complex.
The Weekly Volume Report: Volume Still Lackluster
GBP turnover picks up...
GBP/USD Trading Around 200 Day Average
British Pound Forecast Remains Bearish Despite Positioning Narrowing
The retail crowd is starting to reduce its net-long GBPUSD position.
GBPUSD Price Reversal on News
The GBPUSD has opened lower after today’s BOE rate decision. Learn today’s trading values with the Chart of the Day!

Forex Economic Calendar

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Date Time Currency Event Importance Actual Forecast Previous Notes
Oct 5
USD ISM Non-Manufacutring Composite (SEP) 56.9 57.5 59.0
Oct 8
GBP BOE Asset Purchase Target (OCT) 375b 375b 375b
GBP Bank of England Rate Decision (OCT 8) 0.50% 0.50% 0.50%
USD U.S. Fed Releases Minutes from Sept. 16-17 FOMC Meeting

Weekly British Pound and US Dollar Trading Forecast

Symbol Forecast Outlook