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 pound fell for a fifth day on Tuesday as rising U.S. bond yields supported the dollar, but is still up 18% from a year ago when former British ...
German business sentiment worsened in September, falling for the fifth month in a row and underlining recession fears in the Eurozone’s large...
The dollar stood by 10-month highs against a basket of major currencies on Tuesday, supported by U.S. bond yields scaling 16-year peaks, while the ...
The pound dipped to its lowest in six months against the dollar and its weakest in four months against the euro on Monday, as jitters across asset ...
The dollar rose against the yen to an almost 11-month high on Monday, keeping traders focused on Japan intervention risks after the Bank of Japan a...
Eurozone PMIs show a grim picture again for the economy in that region. It will likely contract in the third quarter with no chance for significant...
Sterling dipped against the dollar and euro on Friday, as weak business activity and retail data kept the currency on the back foot and traders tap...
The yen fell on Friday after the Bank of Japan (BOJ) stuck to its ultra-easy policy stance just days after the U.S. Federal Reserve signalled a haw...
Brokers' Analytics
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is pushing off the Tenkan-Sen line. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test...
EURUSD, “Euro vs US Dollar” EURUSD has completed a wave of decline to 1.0616. Today the market might develop a correction to 1.0686. After it is over, a new declining mov...
EURUSD, “Euro vs US Dollar” EURUSD got supported at 1.0670 and performed a link of corrective growth to 1.0735. Upon reaching this level, and with the current fundamental...
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has secured under the lower boundary of the descending channel. The instrument is going below the Ichimoku Cloud, which ...
EURUSD, “Euro vs US Dollar” EURUSD has completed a wave of growth to 1.0716. Today the market is forming a wave of decline to 1.0660. After the price reaches this level, ...
EURUSD, “Euro vs US Dollar” EURUSD has completed a wave of growth to 1.0697. At the moment, the market is consolidating under this level. The consolidation range might ex...
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has secured under the support level. The instrument is going under the Ichimoku Cloud, which implies a downtrend. A test...
EURUSD, “Euro vs US Dollar” EURUSD has completed a declining wave to 1.0631. By now, it has performed a link of growth to 1.0686. A decline to 1.0648 is expected today. P...
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.