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 Creeps Lower vs Dollar after BoE's Gloomy Outlook
Sterling Creeps Lower vs Dollar after BoE's Gloomy Outlook

The British pound eased against the U.S. dollar on Friday, a day after the Bank of England (BoE) raised interest rates by the most in 27 years in a...

Sterling Slips as BoE Delivers Big Rate Hike but Warns of Long Recession
Sterling Slips as BoE Delivers Big Rate Hike but Warns of Long Recession

Sterling fell, lifting British stocks, on Thursday after the Bank of England raised interest rates by the most in 27 years, but warned that a long ...

Dollar Edges Down as Impact of Hawkish Fed Commentary Fades
Dollar Edges Down as Impact of Hawkish Fed Commentary Fades

The dollar slipped against most major currencies on Thursday as the positive impact of hawkish Federal Reserve comments faded and investors waited ...

Sterling Gains, Shrugs off Factory Data ahead of BoE
Sterling Gains, Shrugs off Factory Data ahead of BoE

Sterling rose towards a one-month high on Monday as an upbeat mood on broader financial markets helped the British pound and as traders prepared fo...

Dollar Struggles at 6-Week Lows vs Yen as Markets Ramp Up Recession Bets
Dollar Struggles at 6-Week Lows vs Yen as Markets Ramp Up Recession Bets

The U.S. dollar sank to its lowest in more than six weeks versus the Japanese yen on Monday as investors ramped up bets that aggressive Federal Res...

Dollar Hits 3-Week Low to Yen as Fed's Powell Less Hawkish than Feared
Dollar Hits 3-Week Low to Yen as Fed's Powell Less Hawkish than Feared

The dollar dropped to a three-week low versus the yen on Thursday after Federal Reserve Chair Jerome Powell assuaged investors' worries about c...

Sterling Drifts Higher but Capped by Weak Data
Sterling Drifts Higher but Capped by Weak Data

The British pound edged higher on Wednesday thanks to a broadly consolidating dollar but gains were capped by a fresh slate of weak data highlighti...

Sterling Edges Higher as Economic Outlook Darkens Rate View
Sterling Edges Higher as Economic Outlook Darkens Rate View

Sterling reached more than two-week highs on Tuesday, but was confined in recent trading ranges as analysts assessed the prospect of a 50 bps rate ...

Brokers' Analytics


Forex Technical Analysis & Forecast 04.08.2022

EURUSD, “Euro vs US Dollar”After finishing the descending wave at 1.0122, EURUSD is correcting up to 1.0197. Later, the market may resume trading downwards with the targe...

Ichimoku Cloud Analysis 04.08.2022 (GBPUSD, USDCHF, USDJPY)

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is correcting inside the bullish channel. The instrument is currently moving above Ichimoku Cloud, thus indicating an as...

Ichimoku Cloud Analysis 02.08.2022 (GBPUSD, NZDUSD, USDCAD)

GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD is testing Tenkan-Sen. The instrument is currently moving above Ichimoku Cloud, thus indicating an ascending tendency. Th...

Forex Technical Analysis & Forecast 02.08.2022

EURUSD, “Euro vs US Dollar”Having formed the consolidation range around 1.0240 and broken it to the upside, EURUSD is expected to extend this ascending structure up to 1....

Forex Technical Analysis & Forecast for August 2022

EURUSD, “Euro vs US Dollar”As we can see in the daily chart, after reaching the short-term downside target at 0.9964, EURUSD has completed the ascending impulse along wit...

Murrey Math Lines 01.08.2022 (EURUSD, GBPUSD)

EURUSD, “Euro vs US Dollar”As we can see in the H4 chart, EURUSD is trading below the 200-day Moving Average, thus indicating a descending tendency. In this case, the pri...

Forex Technical Analysis & Forecast 29.07.2022

EURUSD, “Euro vs US Dollar”Having completed the ascending wave at 1.0222, EURUSD is trading close to the bearish channel’s upside border. Possibly, today the pair m...

Forex Technical Analysis & Forecast 27.07.2022

EURUSD, “Euro vs US Dollar” Having completed the descending wave at 1.0133, EURUSD is forming a new consolidation range around this level. If later the price breaks the r...

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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