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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GBPUSD chart

GBPUSD chart by TradingView

IGCS: IG Client Sentiment data provided by IG


Last Week
-15.3
Current
---
Chg. Open Interest
1.93%
Outlook
Bullish

Pivot Points data provided by IG

Support & Resistance

GBP/USD
Weekly Forecast: Event Risk Ramps Up from US GDP to ECB Rate Decision
S11.3839 W R31.4083 S
S21.3750 M R21.4000 M
S31.3658 S R11.3945 W
Trend
down
Volatility
2%

News


Weekly Forecast: Event Risk Ramps Up from US GDP to ECB Rate Decision

We have seen sentiment start off to a remarkable robust clip for 2018, but how much of that is due to an absence of heavy event risk to undermine momentum born of complacency?
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GBP: Perhaps Not Ready Yet For Assault on $1.40


USD Bearish Momentum Continues as Government Shutdown Nears


GBPUSD Shrugs Off Poor UK Retail Sales, Brexit Optimism Dominates


Pound Strength to Continue Based on Sentiment


Real Time News


Analyst Picks

Michael Boutros

Michael Boutros   

Currency Strategist

My Picks: Near-term Setups in GBP/USD, GBP/JPY and AUD/USD
Expertise: Technical Analysis
Average Time Frame of Trades: 1-3 Days


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