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.
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347
Law/Regulations
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251
Statistics
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29 November 2023 #forex news, gold
- 113 Analytics & Forecasts Weekly trade analysis: Gold, EUR/USD, DXY, USD/JPY
- 74 Analytics & Forecasts Weekly trade analysis: Gold, EUR/USD, DXY, USD/JPY
- 177 Analytics & Forecasts Morning Market Review EUR/USD, GBP/USD, AUD/USD
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423
Analytics & Forecasts
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633
Analytics & Forecasts
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- 177 Analytics & Forecasts Weekly Forecast GBP/USD from August 30th to September
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212
Analytics & Forecasts
(30 December 2020)GBP/USD The upside prevails
30 December 2020 #GBP/USD
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148
Analytics & Forecasts
(29 December 2020)GBP/USD Further upside
29 December 2020 #GBP/USD
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133
Analytics & Forecasts
(23 December 2020)GBP/USD Continuation of the rebound
23 December 2020 #GBP/USD
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104
Analytics & Forecasts
(22 December 2020)GBP/USD Turning down
22 December 2020 #GBP/USD
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98
Analytics & Forecasts
(21 December 2020)GBP/USD Watch 1.3275
21 December 2020 #GBP/USD
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120
Analytics & Forecasts
(18 December 2020)GBP/USD The downside prevails
18 December 2020 #GBP/USD
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143
Analytics & Forecasts
(17 December 2020)GBP/USD Watch 1.3600
17 December 2020 #GBP/USD
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142
Analytics & Forecasts
(16 December 2020)GBP/USD Watch 1.3510
16 December 2020 #GBP/USD
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135
Analytics & Forecasts
(15 December 2020)GBP/USD Under pressure
15 December 2020 #GBP/USD
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112
Analytics & Forecasts
(14 December 2020)GBP/USD Bullish bias above 1.3260
14 December 2020 #GBP/USD
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112
Analytics & Forecasts
(11 December 2020)GBP/USD Rebound
11 December 2020 #GBP/USD
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124
Analytics & Forecasts
(10 December 2020)GBP/USD Watch 1.3290
10 December 2020 #GBP/USD
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135
Analytics & Forecasts
(09 December 2020)GBP/USD Bounce
9 December 2020 #GBP/USD
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111
Analytics & Forecasts
(08 December 2020)GBP/USD Expect 1.3225
8 December 2020 #GBP/USD
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116
Analytics & Forecasts
(07 December 2020)GBP/USD Towards 1.3360
7 December 2020 #GBP/USD
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115
Analytics & Forecasts
(04 December 2020)GBP/USD The bias remains bullish
4 December 2020 #GBP/USD
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116
Analytics & Forecasts
(03 December 2020)GBP/USD Target 1.3440
3 December 2020 #GBP/USD
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96
Analytics & Forecasts
(02 December 2020)GBP/USD Target 1.3480
2 December 2020 #GBP/USD
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132
Analytics & Forecasts
(01 December 2020)GBP/USD Expect 1.3395
1 December 2020 #GBP/USD
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105
Analytics & Forecasts
(30 November 2020)GBP/USD Watch 1.3380
30 November 2020 #GBP/USD
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114
Analytics & Forecasts
(27 November 2020)GBP/USD Turning up
27 November 2020 #GBP/USD
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124
Analytics & Forecasts
(26 November 2020)GBP/USD The upside prevails
26 November 2020 #GBP/USD