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
-1.96
Current
---
Chg. Open Interest
-5.6%
Outlook
Mixed

Pivot Points data provided by IG

Support & Resistance

GBP/USD
S11.3965 W R31.4200 S
S21.3900 M R21.4145 M
S31.3839 S R11.4067 W
Trend
down

News


GBP: The Trend Remains Your Long-Term Friend

Sterling traders have had a busy week with data prints and commentary from Bank of England Governor Mark Carney weighing on GBP.
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GBP/USD Falls Back to Trend Support from November


Charts for Next Week: USD Triangle, GBP/USD Support, EUR/JPY Pattern


GBPUSD Slides as Soft Data and Cautious Carney Temper May Rate Hike Bets


Cable Trades with Mixed Bias


Real Time News


Analyst Picks

Christopher Vecchio

Christopher Vecchio Sr. Currency Strategist

My Picks: Short EUR/GBP
Expertise: Global Macro and Medium-term Technical
Average Time Frame of Trades: Several days to a few weeks


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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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