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 yen was headed for its biggest weekly gain in 16 months on Friday, helped by Japan's suspected intervention this week to pull the...
Eurozone inflation held steady as expected in April. The ECB is expecting a rate cut on June 6, provided there is no surprise in wage or price deve...
The British pound slipped against the dollar, having risen the day before after the Federal Reserve's policy meeting, while investors were play...
The dollar edged towards its highest level this year against a basket of peers and U.S. share futures dipped on Wednesday ahead of a Federal Reserv...
The pound held steady on Wednesday as traders waited for the Federal Reserve's interest rate decision later in the day for hints about when U.S...
The yen dropped against the dollar yesterday quite heavily, wiping out some recent gains sparked by suspected intervention by Japanese authorities....
The yen dropped against the dollar on Tuesday, giving up some of its sharp gains the previous day sparked by suspected intervention by Japanese aut...
The pound reached its highest in around two weeks against the dollar and the euro at the start of a week packed with market-moving events, and fell...
Brokers' Analytics
EURUSD, “Euro vs US Dollar”The EURUSD pair has completed a growth wave, reaching 1.0752, and declined to 1.0673. Practically, the market continues to form a wide consolid...
EURUSD, “Euro vs US Dollar”EURUSD quotes are below the 200-day Moving Average on D1, indicating a prevailing downtrend. The RSI is testing the resistance line. In this si...
GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD has gained a foothold above the upper boundary of the descending channel. The pair is going above the Ichimoku Cloud, whi...
EURUSD, “Euro vs US Dollar”The EURUSD pair has completed a growth wave towards 1.0733 and a decline link to 1.0678. Practically, the boundaries of a consolidation range h...
EURUSD, “Euro vs US Dollar”The EURUSD pair continues developing a consolidation range around 1.0700. A growth link to 1.0717 is expected. Next, a decline link targeting 1...
GBPUSD, “Great Britain Pound vs US Dollar”GBPUSD is preparing to break the resistance level. The instrument is going inside the Ichimoku Cloud, which suggests a flat tren...
EURUSD, “Euro vs US Dollar” The EURUSD pair escaped the consolidation range upwards and completed a growth link at 1.0710. Today it might drop to 1.0666 (testing from abo...
EURUSD, “Euro vs US Dollar” The EURUSD pair is currently in a consolidation phase around 1.0650 without any strong trend. A price rise to 1.0693 is not ruled out, followe...
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.