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 rose against the dollar and euro on Tuesday, going above $1.23 for the first time in 13 days, boosted mainly by improving global risk app...
The pound is heading for this year’s fourth monthly slide, and a lengthening list of risks is pointing to more turbulence in June. Sterling t...
The pound rose against a weaker dollar overnight and continued to gain in early London trading on Tuesday, after Prime Minister Boris Johnson set o...
The euro got a boost on Tuesday from a weaker dollar as growing optimism about a global recovery from the COVID-19 pandemic supported riskier curre...
SINGAPORE (Reuters) - The dollar inched lower on Tuesday as growing optimism about a global recovery from the COVID-19 pandemic supported riskier c...
The euro steadied around the $1.09 level on Monday in a potentially big week for European policymakers as they debate the outlines of a recovery fu...
Sterling edged lower on Friday against both the U.S. dollar and the euro as fresh data showed retail sales fell by a record 18% as the coronavirus ...
The dollar held gains against major peers on Friday as worries about renewed diplomatic tensions between the United States and China supported safe...
Brokers' Analytics
With public holidays taking place, it has been a quiet start to the new trading week. The main event of the day by most accounts has been the statement and answer session provided by...
USDCAD, “US Dollar vs Canadian Dollar”USDCAD is trading at 1.3930; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could...
EURUSD, “Euro vs US Dollar”After forming a new consolidation range around 1.0900, EURUSD is trying to break it to the upside. Possibly, the pair may trade upwards to reac...
GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD is trading at 1.2174; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets c...
EURUSD, “Euro vs US Dollar”EURUSD is still trading downwards to reach 1.0880. After reaching it, the pair may start consolidating. If later the price breaks this range to...
EURUSD, “Euro vs. US Dollar”In the H4 chart, after breaking 5/8, EURUSD is expected to continue falling towards the support at 3/8. However, this scenario may no longer b...
EURUSD, “Euro vs. US Dollar”In the H4 chart, EURUSD is no longer moving inside the “overbought area”. In this case, the pair is expected to fall to break 5/8 ...
EURUSD, “Euro vs US Dollar”EURUSD is trading downwards to reach 1.0922. Later, the market may correct towards 1.0969 and then resume trading inside the downtrend with the...
GuruTrade users Blogs
Over the last several weeks, the UK’s pound has appreciated, while the GBP/USD pair has advanced, coming close to a strong resistance border 1.2660. Despite this, rise near...
The UK’s currency jumped after inflation picked up fueling confidence that the BoE will set interest rates cut apart for the foreseeable future.
Demand for the U.S. dollar remains relatively high, while one couldn’t say the same about the euro in early Friday’s trading, as investors had concerns over the subdued...
One hears very often such terms as Forex, Forex business, earnings by Forex, he made a fortune by Forex, Forex traders, Forex market or FX-market! If you are one who is eager to find...
The British pound advanced on Tuesday due to the broadly weaker dollar, which was affected by a fall in U.S. Treasury yields.
EUR/USD is expected to trade not far off 1.1400 mark. Some swings in price are likely as well as periodic attempts to drive the market out of a calm state. However, all these...
Oil markets look more predictable than, for example, the British pound. Sterling fluctuates amid political news.
The highest number of financial reports of U.S. companies for the first quarter are due to be published this week. Such tech giants as Facebook, Amazon and Google are going to post...
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.