Indicators
Indicators
Value
Direction
MACD(12,26,9)
0.002
Buy
RSI(14)
60.438
Neutral
STOCH(KDJ)(9,3,3)
86.958
Overbought
ATR(14)
0.007
Low Volatility
CCI(14)
98.809
Neutral
Williams %R
3.485
Overbought
TRIX(12,20)
0.027
Sell
StochRSI(14)
100.000
Buy
Search
GBP/USD
Add to Watchlist
1.350
+0.005+0.34%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
D
Today
+0.34%
5 Days
+0.25%
1 Month
+0.81%
6 Months
-0.78%
Year to Date
+0.18%
1 Year
+1.11%
Key Data Points
Opening Price
1.344Previous Closing Price
1.345Recent
Analysis
British Pound climbs above 1.3500 after weak US NFP data
The British Pound (GBP) strengthens against the US Dollar (USD) on Friday after a disappointing US Nonfarm Payrolls report prompts traders to scale back bets on Federal Reserve (Fed) interest-rate hikes. At the time of writing, GBP/USD trades around 1.3506, hovering near three-week highs.
Fxstreet3 hours ago
British Pound eases below 1.3450 as markets brace for the US Nonfarm Payrolls report
The British Pound (GBP) nurses minor gains against the (USD) for the second consecutive day on Friday, with the GBP/USD retreating to levels just below 1.3450 at the time of writing.
Fxstreet8 hours ago
British Pound: Upside fades below 1.3410 against US Dollar - UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann highlight that GBP/USD has been confined to tight ranges around 1.3455, with a slight increase in near-term downside momentum. They expect any intraday decline to stay within 1.3430–1.3475.
Fxstreet9 hours ago
British Pound remains weaker as UK-US yields narrow, US Dollar strengthens
GBP/USD extends its losses for the second consecutive day, trading around 1.3450 during the Asian hours on Friday. The pair depreciates as the British Pound (GBP) softens even as United Kingdom (UK) political risk fades.
Fxstreet13 hours ago
British Pound: Sentiment offsets softer spreads – Scotiabank
Scotiabank’s team notes the Pound is fractionally weaker versus the Dollar, with fundamentals less supportive as yield spreads soften. However, sentiment is improving as markets fade earlier political concerns following PM Burnham’s arrival and stronger-than-expected construction PMI.
Fxstreet21 hours ago
British Pound steadies despite strong US jobs data; up next NFP
The Pound Sterling holds firm against the US Dollar during the North American session on Thursday, after US jobs data reinforces the thesis that the labour market remains solid ahead of Friday’s Nonfarm Payrolls report. The GBP/USD trades at 1.3466, after bouncing off daily lows of 1.3404.
FxstreetThu, Aug 6
Indicators
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
Buy
Moving Average
Indicators
Value
Direction
MA5
1.346
Buy
MA10
1.342
Buy
MA20
1.341
Buy
MA50
1.336
Buy
MA100
1.340
Buy
MA200
1.340
Buy
GBP/USD Trading Strategy
Intraday
Medium Term
Short Term
Trading Strategy
The configuration is positive.
Alternative scenario
below 1.3458, expect 1.3425 and 1.3406.
Comment
The upside prevails as long as 1.3458 is support, with 1.3539 and 1.3558 as targets
51 minutes ago
Source: Trading Central(Reference Only)
More Details of GBP/USD
GBPUSD is the currency pair that represents the exchange rate between the British Pound (GBP) and the United States Dollar (USD). This pair is one of the most traded in the forex market, often referred to as "Cable." The GBP is a major currency, while the USD is the world's primary reserve currency. Traders are drawn to GBPUSD due to its liquidity and volatility, influenced by economic indicators, interest rates, and geopolitical events in both the UK and the US. Understanding the factors that drive this pair is essential for successful trading.
What is the historical high for GBP/USD?
The GBP/USD reached an all time high of 2.4546 in November 1980 and a record low of 1.0339 in September 2022.
How do I trade GBP/USD?
You can trade GBP/USD through CFDs. CFD allows traders to speculate on the future market movements of an underlying asset. If you think that GBP/USD is going to increase, you would buy the pair (go long). If you think that the GBP/USD will decrease, you would sell the pair (go short).
Why trade GBP/USD?
The fact that the US is the world's number one economy and the UK is the world's fifth largest economy makes GBP/USD one of the most actively traded currency pairs. As a result GBP/USD has high liquidity and low transaction costs.
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