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
1.52
Current
---
Chg. Open Interest
2.3%
Outlook
Bearish

Pivot Points data provided by IG

Support & Resistance

GBP/USD
S11.3000 W R31.3300 S
S21.2918 M R21.3200 M
S31.2800 S R11.3100 W
Trend
down
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News


GBPUSD Price Continues to Press Lower, Testing Support Levels

Sterling steadies after taking a post EU Summit hit Thursday when GBPUSD broke through a noted technical support level.
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EUR/USD, GBP/USD Trade Lower After Underwhelming Brexit Progress


Brexit Effect on Pound and UK Stocks: Impact of Deal or No Deal


EUR/USD Drops to 1.1500, GBP/USD to 1.3100 as Stocks Digest


FTSE 100 vs FTSE 250: Brexit Outcome to Determine FTSE Outperformer


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Analyst Picks

Michael Boutros

Michael Boutros Currency Strategist

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

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Market Datadata provided by IG

Symbol Bid Ask Spread
Market Data figures are provided for the trading day.
Symbol Bid Ask Spread
Market Data figures are provided for the trading day.

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