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.


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Last Week
1.08
Current
---
Chg. Open Interest
-7.3%
Outlook
Bullish

Support & Resistance

GBP/USD
GBP Jumps on Strong Retail Sales Ahead of FOMC, Brexit Speech
S11.3407 W R31.3750 S
S21.3319 M R21.3620 M
S31.3224 S R11.3570 W
Trend
down
Volatility
2%

News


GBP Jumps on Strong Retail Sales Ahead of FOMC, Brexit Speech

GBP/USD jumped higher on much better than expected UK Retail Sales data but today’s FOMC meeting and PM Theresa May’s speech late Friday will dominate traders’ thinking.
Continue Reading


Pre-FOMC Price Action Setups (Sept. 19, 2017)


British Pound Forecast Mixed After Sharp Rally


Brexit Briefing: Pound Buffeted as Report Boris Could Resign is Denied


EUR/USD Battles at 1.2000, Cable Bounces Off of Support Ahead of FOMC


Real Time News


Analyst Picks

James Stanley

James Stanley   

Currency Strategist

My Picks: Bullish EUR/USD, Bearish GBP/USD
Expertise: price action, macro
Average Time Frame of Trades: few days - few weeks


Pivot Points

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