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GBP/USD

GBPUSD
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1.335
-0.010-0.75%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.75%

5 Days

-0.17%

1 Month

+0.98%

6 Months

-1.37%

Year to Date

-0.92%

1 Year

+2.30%

Key Data Points

Opening Price

1.345

Previous Closing Price

1.345
Price Range of the Day
1.3341.346
52-Week Price Range
1.3041.387

GBP/USD Trading Strategy

Intraday
Medium Term
Short Term
The downside prevails as long as 1.3388 is resistance, with 1.3325 and 1.3309 as targets

Trading Strategy

The downside prevails as long as 1.3388 is resistance, with 1.3325 and 1.3309 as targets

Alternative scenario

above 1.3388, look for 1.3416 and 1.3432.

Comment

The downside prevails as long as 1.3388 is resistance, with 1.3325 and 1.3309 as targets

3 hours ago
Source: Trading Central(Reference Only)
Recent
Analysis
British Pound cracks 1.3400 as blowout US NFP revive Fed hike bets

The Pound Sterling dives by nearly 0.60% against the US Dollar as a stellar US Nonfarm Payrolls report indicates that the labour market is solid and clears the path for additional tightening by the Federal Reserve (Fed). The GBP/USD trades at 1.3371 after peaking near 1.3463.

Fxstreet7 hours ago
British Pound: Hawkish BoE but Pound upside capped – Commerzbank

Michael Pfister at Commerzbank highlights that the Bank of England (BoE) delivered a hawkish rate hike, with unanimous support for tightening and one member backing a larger move. Governor Andrew Bailey signalled more hikes are likely, but gave no timetable.

Fxstreet10 hours ago
British Pound: BoE tightening bias supports higher rates – UOB

UOB’s Lee Sue Ann notes that the Bank of England has resumed tightening, lifting the Bank Rate to 4.00% and signalling a hawkish shift as inflation risks re-emerge. The Nov Monetary Policy Report projects CPI near 5.0% by mid-2027 and only back to target in 3Q28. UOB now expects another 25bps hike to 4.25% in Feb, with risks skewed towards further tightening.

Fxstreet16 hours ago
1.3500: Might act as key barrier for GBP/USD on US NFP day

The British Pound (GBP) trades lower against the US Dollar (USD) on Friday, extending its correction from an almost eight-week high of 1.3500 to near 1.3425 in the European trade.

Fxstreet17 hours ago
British Pound flatlines near mid-1.3400s vs softer USD; looks to US NFP for fresh impetus

The GBP/USD pair attracts some dip-buyers during the Asian session on Friday, stalling the previous day's retracement slide from levels just above the 1.3500 psychological mark, or its highest level since mid-September.

Fxstreet22 hours ago
The Pound loses its BoE hike bounce before Friday's US payrolls

The Bank of England (BoE) raised the UK's Bank Rate to 4% on Thursday, as the market had fully priced, and the Pound's six-session climb has stopped just above 1.3500. GBP/USD reached that level on Wednesday, its highest since mid-September, got there again on Thursday and is trading near 1.3450.

FxstreetThu, Nov 5

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.

1m
5m
15m
30m
1h
2h
4h
D
W
M
1m
5m
15m
D
Sell
Sell(9)
Neutral(2)
Buy(2)
Indicators
Sell(4)
Neutral(2)
Buy(1)
Indicators
Value
Direction
MACD(12,26,9)
0.002
Buy
RSI(14)
49.233
Neutral
STOCH(KDJ)(9,3,3)
56.408
Sell
ATR(14)
0.007
Low Volatility
CCI(14)
1.339
Neutral
Williams %R
66.450
Sell
TRIX(12,20)
0.036
Sell
StochRSI(14)
0.000
Sell
Moving Average
Sell(5)
Neutral(0)
Buy(1)
Indicators
Value
Direction
MA5
1.342
Sell
MA10
1.338
Sell
MA20
1.335
Buy
MA50
1.336
Sell
MA100
1.339
Sell
MA200
1.342
Sell

About 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.

Is GBPUSD (GBPUSD) a safe investment?

No investment is completely risk-free. The risk level of GBPUSD (GBPUSD) depends on its underlying assets, strategy, liquidity, fees, and market conditions. Diversification may reduce potential losses but cannot eliminate them, and past performance does not guarantee future results. Before investing, consider whether the fund aligns with your goals and risk tolerance. This is not investment advice.

GBP/USD

1.335
-0.010-0.75%
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