GBPUSD chart by TradingView

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.


IGCS: IG Client Sentiment


Last Week
-1.31
Current
---
Chg. Open Interest
-3.6%
Outlook
Bullish

Support & Resistance

GBP/USD
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
Trend
down
Volatility
2%

News


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.
Continue Reading


Euro Mixed as Bulls Pull Back


British Pound Headed for Rally on Net-Short Positions


DailyFX European Market Wrap: British Pound Still Rallying, ECB Draghi Holds view


Webinar: Live Event Coverage: UK GDP (Q1) with Martin Essex


Real Time News


Analyst Picks

Paul Robinson   

Market Analyst

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


Pivot Points

Forex Economic Calendar

A:  Actual   F:  Forecast     P:  Previous