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
2.16
Current
---
Chg. Open Interest
-4.7%
Outlook
Bearish

Pivot Points data provided by IG

Support & Resistance

GBP/USD
S11.3117 W R31.3478 S
S21.3000 M R21.3389 M
S31.2907 S R11.3267 W
Trend
down

News


US AM Digest: GBP Surges on Hawkish BoE, EUR Dips as Italy Appoints Eurosceptics

Sterling bulls have been provided with some hope following the BoE rate decision, after Chief Economist Haldane joined McCafferty and Saunders in voting for a hike.
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Central Bank Weekly: British Pound Carves Out Reversal Candles after BOE


Where Next for GBP as Bank of England Chief Economist Votes For Rate Rise


Sterling Bulls Offered Hope as Bank of England Raises August Rate Hike Bets


GBPUSD Forecast: Central Bank ’Double’ to Govern Sterling’s Fate


Real Time News


Analyst Picks

Martin Essex, MSTA

Martin Essex, MSTA Analyst and Editor

My Picks: GBPUSD Rally Likely Near-Term
Expertise: Economics and Technical Analysis
Average Time Frame of Trades: Next Few Hours


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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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