Chart of price change GBP/USD
Currency pair GBPUSD represents the relation of the British pound sterling against the American dollar. The quotes of this currency pair show how many US dollars it is necessary to pay for the purchase of one pound sterling. In this couple, the British pound is the base currency, and US dollar — quoted. The currency tool GBPUSD is the third of popularity currency pairs among all and concerns in the majors.
Economic news
The dollar held firm on Monday after posting its biggest weekly rise in six weeks as traders cut their bearish bets before a much-anticipated U.S. ...
The pound edged lower and was on course for its worst week versus the euro since April, with analysts saying data showing Britain’s recovery ...
One of the best-known market apothegms is that “the market can remain irrational longer than you can remain solvent.*” Never was there ...
Sterling fell to a one month low versus the dollar on Thursday after Britain and the European Union failed to agree on solutions to post-Brexit tra...
Asian shares edged higher but held their recent trading range on Thursday as investors focussed on U.S. inflation data and the risk of an upside su...
The dollar hovered near a five-month low versus major peers on Thursday as investors looked to U.S. inflation data and a European Central Bank meet...
The pound edged up against the dollar and euro in early London trading on Wednesday, shrugging off post-Brexit trade issues over Northern Ireland, ...
Sterling eased against a broadly stronger dollar on Tuesday, with no significant data releases on the economic calendar leaving analysts focused on...
Brokers' Analytics
EURUSD, “Euro vs US Dollar”EURUSD is still consolidating around 1.2178; after expanding the range up to 1.2214 and rebounding from this level, it is falling towards 1.214...
GBPUSD, “Great Britain Pound vs US Dollar”As we can see in the H4 chart, after a breakout of the high at 1.4241 and a divergence on MACD, the pair has started a new corre...
EURUSD, “Euro vs US Dollar”EURUSD is still consolidating around 1.2178. Today, the pair may fall to break 1.2144 and then continue trading downwards with the target at 1....
EURUSD, “Euro vs US Dollar”EURUSD is consolidating around 1.2178; after expanding the range up to 1.2202 and rebounding from this level, it is falling to reach the downsi...
GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD is trading at 1.4117; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets c...
EURUSD, “Euro vs US Dollar”After finishing the descending wave at 1.2132 along with the correction towards 1.2185, EURUSD is consolidating below the latter level. Possibl...
EURUSD, “Euro vs US Dollar”In the H4 chart, EURUSD is trading above the 200-day Moving Average, thus indicating an ascending tendency. In this case, the price is expected...
EURUSD, “Euro vs US Dollar”After finishing the descending wave at 1.2150 and breaking it to the downside, EURUSD is expected to continue this decline towards 1.2084. Late...
Currency pair GBPUSD differs in high volatility. Acute short-term fluctuations on price charts of this currency pair are caused by its instability that also affects predictability. The price of this trading instrument can show the considerable fluctuations exceeding a mark in 100 pips.
The main activity of the couple is observed during the European session, the quietest period can be noticed during Asian trading session. Currency pair GBPUSD owing to the unpredictability isn't recommended for the traders taking the first steps in the exchange market. The difference between the interest rates established by the bank of England and Fed has an impact on pairs dynamics.
When forecasting price maneuvers of a currency pair GBPUSD it is worth turning attention to geopolitical events in Great Britain, the EU, and the USA, and also to consider the major fundamental factors. Couple possesses positive correlation with the EURUSD trading instrument.