GBP USD

GBP/USD is a major FX pair with a long history – and remains one of the most popular currency markets today. Explore our latest Cable news here, and discover where the US dollar against pound sterling might head next.

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British Pound Analysis: Will GBP/USD’s Imminent Golden Cross Take it Above 1.2725?

GBP/USD is soaring on expectations of aggressive Fed rate cuts in 2024, despite Fed Chairman Powell’s protestations...

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December 1, 2023 08:23 PM
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DAX, GBP/USD Forecast: Two trades to watch

DAX rises ahead of inflation data. GBP/USD rises to 1.27 on divergent central bank chatter.

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November 29, 2023 09:41 AM
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DAX, GBP/USD Forecast: Two trades to watch

DAX slips, German consumer confidence ticks higher. GBP/USD consolidates at a 3-month high ahead of US consumer confidence data.

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November 28, 2023 08:36 AM

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GBP/USD bulls eye move to 1.27: European open – Nov 27, 2023

GBP/USD has continued to take advantage of a weaker US dollar and rise to an 11-week high. And with a high level of volume activity overhead, we see the potential for a move to 1.27.

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November 27, 2023 04:38 AM
Uptrend

GBP/USD outlook: Cable climbs to 1.26 handle

GBP/USD outlook: Next week US data will include GDP and PCE inflation, as pound finds support with UK services returning to growth. GBP/USD technical analysis point higher.

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November 24, 2023 04:50 PM
Multiple pound notes £5, £20 and £50 Pound Sterling

GBP/USD analysis: Cable rebounds on strong PMI data

The UK services was back in growth territory to appease the GBP traders and there was no Turkey for US dollar bulls, with the Greenback fading after Wednesday’s recovery. GBP/USD technical analysis suggests path of least resistance remains to the upside.

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November 23, 2023 12:00 PM
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EUR/USD, Oil Forecast: Two trades to watch

EUR/USD rises ahead of Eurozone PMI data. Oil falls further after OPEC+ delays its November meeting.

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November 23, 2023 08:58 AM
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Crude oil, GBP/USD analysis: OPEC delays meeting as US data lifts dollar

What does the OPEC+ delaying meeting means for oil prices? And GBP/USD is in focus as pound drops after autumn statement. But was that because of the overall recovery in US dollar, following the release of mostly stronger data?

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November 22, 2023 03:30 PM
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GBP/USD, FTSE 100 Forecast: Two trades to watch

GBP/USD slips ahead of the Autumn statement. FTSE rises with the Autumn Statement due, Sage outperforms

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November 22, 2023 08:52 AM
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GBP/USD, USD/JPY Forecast: Two trades to watch

GBP/USD rises ahead of tomorrow’s Autumn budget. USD/JPY falls ahead of FOMC minutes.

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GBP/USD, DAX Forecast: Two trades to watch

GBP/USD consolidates ahead of BoE Bailey’s speech. DAX steadies after last week’s gains, PPI cools.

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November 20, 2023 09:01 AM
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GBP/USD, DAX Forecast: Two trades to watch

GBP/USD falls after retail sales unexpectedly fall. DAX rises and is set for a weekly gain ahead of eurozone inflation data.

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November 17, 2023 08:51 AM
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GBP/USD, DAX Forecast: Two trades to watch

GBP/USD falls as UK inflation cools. DAX rises on optimism that central banks are done hiking rates.

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November 15, 2023 08:43 AM
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GBP/USD, DAX Forecast: Two trades to watch

GBP/USD rises to a weekly high after UK jobs data. DAX trades cautiously ahead of EZ GDP & US CPI data.

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November 14, 2023 08:52 AM
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GBP/USD analysis in focus ahead of key data – Currency Pair of the Week

The US dollar has started the new week trading mixed, rising to a fresh 2023 high against the Japanese yen but falling against the likes of the Aussie and pound. The dollar index closed higher last week. This week, we will have some important economic data to look forward to, including CPI from both the UK and US, which puts the GBP/USD outlook into focus.

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GBP/USD, DAX technical analysis: European open – Nov 13, 2023

With central bank members from the Fed and BOE lined up ahead of tomorrow's US inflation report, GBP/USD is a pair to watch for potential volatility. And whilst the DAX has seen a decent rally from its cycle low, I'm looking for a potential swing high and pullback to 15k.

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November 13, 2023 04:41 AM
Forex trading

EUR/USD and GBP/USD analysis in focus - Forex Friday

Following Thursday’s bullish reversal in the dollar on the back of a soft 30-year Treasury auction and hawkish comments by Powell, the key question is whether those gains will last. I don’t think the Fed Chair said anything out of the ordinary, although that’s not to say the dollar won’t necessarily rise further. I mean, you wouldn’t expect him to turn decisively dovish just on the back of a couple of weaker data points.

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November 10, 2023 11:00 AM

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GBP/USD, USD/JPY Forecast :Two trades to watch

GBP/USD struggles as UK GDP stalls. USD/JPY grinds higher after a hawkish Fed Chair Powell.

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November 10, 2023 08:46 AM
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GBP/USD, EUR/GBP technical analysis: European open – Nov 9, 2023

A quick look at the charts suggests the British pound might be nearing a burst of energy, and that could be beneficial for GBP/USD bulls or EUR/GBP bears.

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November 9, 2023 04:47 AM
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GBP/USD, DAX Forecast: Two trades to watch

GBP/USD falls ahead of BoE Bailey & Fed Chair Powell’s speeches. DAX falls ahead of German inflation & retail sales data & as after Commerzbank, Adidas earnings.

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November 8, 2023 09:02 AM
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GBP/USD caught between BOE, Fed speak, EUR/USD teases 1.07: European open

Both EUR/USD and GBP/USD have found themselves under pressure from a stronger US dollar this week and are at risk of closing lower for a third if traders take any hawkish Fed comments to heart. Yet the daily trend structures mean I am also on the lookout for swing lows for both pairs over the near-term.

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November 8, 2023 03:13 AM
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GBP/USD, Oil: Forecast Two trades to watch

GBP/USD edges higher ahead of the US NFP. Oil holds onto yesterday’s gains but is set to fall across the week.

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November 3, 2023 08:42 AM
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GBP/USD outlook: BoE’s hawkish pause not a game changer

Ahead of the Bank of England’s rate decision, the GBP/USD was holding steady near 1.22 handle, benefitting slightly from the dollar’s weaker response to what was a hawkish hold from the Federal Reserve rate decision. Not many people were expecting a rate hike from the BoE either, with the market attaching a 93% probability of a second consecutive hold after 15 back-to-back interest rate hikes.

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November 2, 2023 01:05 PM