GBPUSD chart by TradingView


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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Support & Resistance

Hawkish Fed, Strong NFP to Tame GBP/USD Recovery
S11.2800 W R31.3250 S
S21.2706 M R21.3121 M
S31.2616 S R11.3000 W


Hawkish Fed, Strong NFP to Tame GBP/USD Recovery

The near-term resilience in GBP/USD may succumb to the key event risks coming out of the U.S. economy should the developments boost bets for an imminent Fed rate-hike.
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Analyst Picks

Paul Robinson   

Market Analyst

My Picks: Bullish GBPUSD
Expertise: Technical
Average Time Frame of Trades: Several days to weeks

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Forex Economic Calendar

A:  Actual   F:  Forecast     P:  Previous