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.


SSI: The Speculative Sentiment Index


Last Week
1.14
Current
---
Short
Chg. Open Interest
1.6%
Outlook
bullish

Support & Resistance

GBP/USD
Weekly Trading Forecast: Systemic Changes Afoot for Risk, EURUSD, USDJPY?
S11.4522 M R31.4807 M
S21.4471 S R21.4750 M
S31.4371 S R11.4624 M
Trend
down
Volatility
62%

news


Weekly Trading Forecast: Systemic Changes Afoot for Risk, EURUSD, USDJPY?

Though still early yet, there have been some remarkable change in trend recently. Dollar is in retreat with the S&P 500 starting to slip. The Yen has surged while Gold has hit 15-month highs. Is something bigger stirring in the markets?
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GBP/USD to Face Larger Advance on Lackluster Fed Rhetoric


GBP/USD Firms into Month End


Recent Moves Confirm End to British Pound Downtrend


British Pound Higher as GDP Figures Slightly Beat Expectations


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Analyst picks

Jamie Saettele, CMT   

Sr. Technical Strategist

My Picks: Bullish GBP/USD
Expertise: Technical
Average Time Frame of Trades: Swing


Pivot Points

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