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


Sterling Treads Water ahead of BoE Decision
Sterling Treads Water ahead of BoE Decision

The pound held steady on Monday as investors waited for the Bank of England decision later in the week, with the focus on the Bank of Japan and Fed...

Dollar Steady, Yen Wavers as BOJ Policy Shift Beckons
Dollar Steady, Yen Wavers as BOJ Policy Shift Beckons

The dollar was steady on Monday as traders looked ahead to a week dominated by central bank meetings worldwide, with the Bank of Japan se...

PPI Figures and Retail Sales Grew Beating Expectations, U.S. Dollar Strengthened, Gold and U.S. Indices Suffered Retreat, Crude Oil Higher
PPI Figures and Retail Sales Grew Beating Expectations, U.S. Dollar Strengthened, Gold and U.S. Indices Suffered Retreat, Crude Oil Higher

According to the reports for PPI and Retail Sales in the U.S., Producer prices experienced a jump and retail sales were reported to grow. The U.S. ...

GBP on Track for Weekly Fall Versus USD ahead of BoE Meeting
GBP on Track for Weekly Fall Versus USD ahead of BoE Meeting

Sterling was set for its biggest weekly fall against the dollar since December on Friday, as investors looked ahead to a Bank of England (BoE) inte...

Dollar Set for Weekly Gain, Yen Softens ahead of Fed, BOJ Meetings next Week
Dollar Set for Weekly Gain, Yen Softens ahead of Fed, BOJ Meetings next Week

The dollar was on track for a weekly gain versus major currencies while the yen drifted lower on Friday, ahead of a flurry of highly-anticipated ce...

Good News for U.K.’s GDP, Metals to Upside, Silver Soared
Good News for U.K.’s GDP, Metals to Upside, Silver Soared

According to the Gross Domestic Product (GDP) report yesterday, Britain’s economy returned to growth in January after entering a shallow rece...

U.K. Labour Market Cooled Further, U.S. CPI Rose 0.4% m/m
U.K. Labour Market Cooled Further, U.S. CPI Rose 0.4% m/m

Unemployment-related benefits (Claimant Count) are higher (for February 2024 period ) than previous and with lower average earnings reported. The u...

USD Holds Steady on US Inflation, Fed Rate Cut Still in Sight
USD Holds Steady on US Inflation, Fed Rate Cut Still in Sight

The U.S. dollar index held steady on Wednesday as traders shrugged off hotter-than-expected U.S. inflation and still expected a Federal Reserve int...

Brokers' Analytics


Technical Analysis & Forecast 05.03.2024

EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a growth wave to 1.0866. A correction structure to 1.0843 (testing from above) is expected today. Once the corre...

Technical Analysis & Forecast 04.03.2024

EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a decline wave, reaching 1.0799. Amid the news, the market received support at this level, creating upward momen...

Murrey Math Lines 04.03.2024 (EURUSD, GBPUSD)

EURUSD, "Euro vs US Dollar" EURUSD quotes have broken the 200-day Moving Average on H4 and are currently above it, indicating the development of an uptrend. The RSI has bro...

Technical Analysis & Forecast for March 2024

EURUSD, “Euro vs US Dollar” The EURUSD pair corrected to 1.0886, and today the first structure of the fifth decline wave to 1.0570 is already developing. The target of th...

Ichimoku Cloud Analysis 01.03.2024 (GBPUSD, XAUUSD, USDCAD)

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is rebounding from the lower boundary of the Cloud. The instrument is going inside the Ichimoku Cloud, which suggests si...

Technical Analysis & Forecast 29.02.2024

EURUSD, “Euro vs US Dollar” The EURUSD pair has corrected to 1.0845. Today the market is forming a consolidation range around 1.0836. With an escape from the range upward...

Ichimoku Cloud Analysis 28.02.2024 (XAUUSD, GBPUSD, USDCAD)

XAUUSD, “Gold vs US Dollar” Gold is rebounding from the signal lines of the indicator. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test...

Technical Analysis & Forecast 28.02.2024

EURUSD, “Euro vs US Dollar” The EURUSD currency pair extends a decline wave to 1.0830. Practically, a consolidation range continues developing around this level. With an ...

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.

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