GBP/USD
The pound sterling against the US dollar is one of the oldest currency pairs, which is often called "The Cable", as the first transatlantic communication cable run across the floor of the Atlantic, connecting Great Britain with the United States. It was used to transmit currency prices between the two economies. Because of the sizes of the U.S. and U.K. economies, “the Cable” remains one of the favorite pairs for traders.
GBP/USD is considered to be liquid, since the pound is the 3rd most important reserve currency globally (the U.S. dollar is the first) as well as the 4th most traded currency on the currency markets.
As currency pairs are widely impacted by external factors that impact an individual currency value, the GBP/USD will fluctuate according to the difference in interest rates set by the Bank of England and the Federal Reserve.
GBP/USD is negatively correlated to the currency pair USD/CHF and positively correlated to EUR/USD. This is because the euro, the Swiss franc and the pound are all positively correlated to each other.
-
232
Law/Regulations
CHINA'S BC PRESIDENT ASKS FOR REFORMS TO REDUCE THE
29 November 2023 #forex news, gold
-
125
Statistics
OVERVIEW OF THE WORLD ECONOMY
29 November 2023 #forex news, gold
- 30 Analytics & Forecasts Weekly trade analysis: Gold, EUR/USD, DXY, USD/JPY
- 24 Analytics & Forecasts Weekly trade analysis: Gold, EUR/USD, DXY, USD/JPY
- 142 Analytics & Forecasts Morning Market Review EUR/USD, GBP/USD, AUD/USD
-
358
Analytics & Forecasts
INDICATOR FOR PROFESSIONAL TRADERS! I MADE GOOD MONEY
11 August 2022 #forex news, gold
-
572
Analytics & Forecasts
INDICATOR FOR PROFESSIONAL TRADERS! I MADE GOOD MONEY
13 July 2022 #forex news, gold
- 153 Analytics & Forecasts Weekly Forecast GBP/USD from August 30th to September
-
155
Analytics & Forecasts
(30 December 2020)GBP/USD The upside prevails
30 December 2020 #GBP/USD
-
112
Analytics & Forecasts
(29 December 2020)GBP/USD Further upside
29 December 2020 #GBP/USD
-
101
Analytics & Forecasts
(23 December 2020)GBP/USD Continuation of the rebound
23 December 2020 #GBP/USD
-
78
Analytics & Forecasts
(22 December 2020)GBP/USD Turning down
22 December 2020 #GBP/USD
-
65
Analytics & Forecasts
(21 December 2020)GBP/USD Watch 1.3275
21 December 2020 #GBP/USD
-
101
Analytics & Forecasts
(18 December 2020)GBP/USD The downside prevails
18 December 2020 #GBP/USD
-
101
Analytics & Forecasts
(17 December 2020)GBP/USD Watch 1.3600
17 December 2020 #GBP/USD
-
108
Analytics & Forecasts
(16 December 2020)GBP/USD Watch 1.3510
16 December 2020 #GBP/USD
-
99
Analytics & Forecasts
(15 December 2020)GBP/USD Under pressure
15 December 2020 #GBP/USD
-
83
Analytics & Forecasts
(14 December 2020)GBP/USD Bullish bias above 1.3260
14 December 2020 #GBP/USD
-
79
Analytics & Forecasts
(11 December 2020)GBP/USD Rebound
11 December 2020 #GBP/USD
-
87
Analytics & Forecasts
(10 December 2020)GBP/USD Watch 1.3290
10 December 2020 #GBP/USD
-
84
Analytics & Forecasts
(09 December 2020)GBP/USD Bounce
9 December 2020 #GBP/USD
-
72
Analytics & Forecasts
(08 December 2020)GBP/USD Expect 1.3225
8 December 2020 #GBP/USD
-
85
Analytics & Forecasts
(07 December 2020)GBP/USD Towards 1.3360
7 December 2020 #GBP/USD
-
79
Analytics & Forecasts
(04 December 2020)GBP/USD The bias remains bullish
4 December 2020 #GBP/USD
-
79
Analytics & Forecasts
(03 December 2020)GBP/USD Target 1.3440
3 December 2020 #GBP/USD
-
79
Analytics & Forecasts
(02 December 2020)GBP/USD Target 1.3480
2 December 2020 #GBP/USD
-
76
Analytics & Forecasts
(01 December 2020)GBP/USD Expect 1.3395
1 December 2020 #GBP/USD
-
68
Analytics & Forecasts
(30 November 2020)GBP/USD Watch 1.3380
30 November 2020 #GBP/USD
-
74
Analytics & Forecasts
(27 November 2020)GBP/USD Turning up
27 November 2020 #GBP/USD
-
85
Analytics & Forecasts
(26 November 2020)GBP/USD The upside prevails
26 November 2020 #GBP/USD