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
1.26
Current
---
Chg. Open Interest
-3.8%
Outlook
Bearish

Support & Resistance

GBP/USD
Fate of GBP/USD Relief Rally Hinges on FOMC/BoE Rate Decisions
S11.2495 W R31.2775 S
S21.2380 M R21.2704 M
S31.2302 S R11.2619 W
Trend
down
Volatility
2%
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News


Fate of GBP/USD Relief Rally Hinges on FOMC/BoE Rate Decisions

Key developments coming out of the U.K. & U.S. are likely to spark increased volatility in GBP/USD as the Federal Open Market Committee (FOMC) is widely anticipated to raise the benchmark interest rate ahead of 2017
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British Pound Forecast Points to Continued Weakness


Next Week’s Economic Headlines to Bring a Plethora of Pressure Points


British Pound Looking Stronger As Trade Data Beat Expectations


GBP/USD – Watch the Short Term Trendline


Real Time News


Analyst Picks

James Stanley   

Currency Strategist

My Picks: Long GBP/USD
Expertise: Price Action, Macro
Average Time Frame of Trades: Few hours - Few days

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Pivot Points

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Forex Economic Calendar

A: Actual   F: Forecast    P: Previous