Interesting facts. GBP/USD, also known by its nickname cable, represents the amount of USD that can be purchased with one British pound. GBP was pegged to the US dollar in 1940 and became part of the Bretton Woods system which governed post-war exchange rates, and with the collapse of the system the pound became free-floating in 1971. Forex Market: GBP/USD trades lower at the start of the week, investors await further clues over Brexit trade talk progress November 16, 2020 10:48 am Having touched highs not seen since last Wednesday earlier on Monday, GBP/USD traded slightly lower in mid-European session, as Brexit negotiations resumed. The GBP/USD pair printed a fresh two month high and then pullback back. The pound climbed to 1.3277, the strongest level since September 4 and as of writing, it trades at 1.3220, up 60 pips for GBP/USD News USD/JPY struggles to hold above 104.60 with the yen picking up The USD/JPY has accelerated its downtrend from week highs at 105.65 after breaking below 105.00 on Friday and is
Oct 20, 2020
Get the latest market news on the British Pound - US Dollar pair, including the live GBP/USD rate, news, in depth analysis and outlook. This group also includes the following currency pairs: EUR/USD, GBP/USD, AUD/USD, USD/CHF, NZD/USD and USD/CAD. Japanese Yen has a low interest rate and is normally used in carry trades. GBP/USD did not manage to get below the support at 1.3100 and is moving towards the nearest resistance at 1.3140. GBP/USD forecast to keep the 1.3000-1.3250 range – UOB By FXStreet - Nov 13, 2020 1 day ago · GBP/USD Forecast Nov. 16-20 – Pound settles down - November 15, 2020 AUD/USD Forecast Nov. 16-20 – Aussie levels off after huge election gains - November 15, 2020 Nov 11, 2020 · GBP/USD Analysis. I wrote yesterday that the pound was relatively strong, while there was persistent weakness in the USD, so the pair was well positioned to keep rising if it could break up above 1.3258 as it reaches new multi-month high prices and keeps the bullish trend going.
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GBP/USD Overview Nicknamed Cable or the cable (in Forex) is the GBP/USD currency pair rate. The term cable is sometimes used also to refer to the British Pound Sterling itself.
Nov 14, 2020
Interesting facts. GBP/USD, also known by its nickname cable, represents the amount of USD that can be purchased with one British pound. GBP was pegged to the US dollar in 1940 and became part of the Bretton Woods system which governed post-war exchange rates, and with the collapse of the system the pound became free-floating in 1971. The USD sold off early in the European session, boosting GBP/USD to the day’s high at 1.2980. GBP/USD built on Monday’s rebound from 1.2855 a two-week low, picking up traction in early trade on Tuesday. Investors looked beyond a second UK nationwide lockdown.US dollar weakness was a key factor lifting GBP/USD. Nov 12, 2020 · EUR/GBP and GBP/USD Unfazed by Outdated Record Q3 GDP Growth. DailyFX provides forex news and technical analysis on the trends that influence the global currency markets. Nov 10, 2020 · GBP/USD consolidates at two-month highs around 1.3250. Coronavirus vaccine’s news and Brexit deal hopes boost demand for the GBP. Technically, the pair should remain above 1.3200 to keep its upward momentum – UOB. Economies.com provides the latest News about the GBP/USD (British Pound Sterling/Dollar). You may find the News on a daily basis with an indication for the daily trend. You may also find live updates around the clock if any major changes occur in the currency pair. GBP/USD live exchange rate, Charts, Forecasts, News and Macro Data. Everything you need to know about the currency pair.
Forex Market: GBP/USD trades lower at the start of the week, investors await further clues over Brexit trade talk progress November 16, 2020 10:48 am Having touched highs not seen since last Wednesday earlier on Monday, GBP/USD traded slightly lower in mid-European session, as Brexit negotiations resumed.
This group also includes the following currency pairs: EUR/USD, GBP/USD, AUD/USD, USD/CHF, NZD/USD and USD/CAD. Japanese Yen has a low interest rate and is normally used in carry trades. GBP/USD, also known by its nickname cable, represents the amount of USD that can be purchased with one British pound. GBP was pegged to the US dollar in 1940 and became part of the Bretton Woods …