Upcoming Events for GBP and USD
| Event | Prev. | Cons. | |||
|---|---|---|---|---|---|
| 2h 43m Med | GBP |
| 52.8 | 52.9 | |
| 2h 43m High | GBP |
| 52.5 | 52.8 | |
| 2h 43m High | GBP |
| 52.1 | 52.1 | |
| 4h 13m Med | GBP | CBI Industrial Trends Orders (Aug) | -32 | -25 | |
| 6h 43m Med | USD | Chicago Fed National Activity Index (Jul) | 0.05 | -0.2 | |
| 6h 43m High | USD | Initial Jobless Claims (Aug/17) | 227K | 230K | |
| 6h 43m High | USD | Jobless Claims 4-week Average (Aug/17) | 236.5K | 245K | |
| 6h 43m High | USD | Continuing Jobless Claims (Aug/10) | 1864K | 1870K | |
| 7h 58m High | USD |
| 49.6 | 49.6 | |
| 7h 58m High | USD |
| 55 | 54 | |
FRB and BOE Interest Rates
| Country | Central Bank | Current Rate | Previous Rate | Next Meeting |
|---|---|---|---|---|
| United States | Federal Reserve | 5.5% | 5.5% | 27 days |
| United Kingdom | Bank of England | 5.0% | 5.25% | 28 days |
Latest GBPUSD News
U.S. Dollar Extends Decline After Fed Minutes, Payroll Revisions
The U.S. dollar extended decline against its major counterparts in the New York session on Wednesday, as the minutes from the Federal Reserve's July meeting reinforced expectations for a rate cut in September.
RTTNews | 13h 18min ago
Vast Majority Of Fed Meeting Participants See Rate Cut As 'Likely' Next Month
With recent economic data increasing confidence the Federal Reserve will lower interest rates next month, the minutes of the central bank's latest monetary policy meeting seemingly provided additional support for that sentiment.
RTTNews | 15h 18min ago
Pound Climbs Ahead Of Fed Minutes
The pound advanced against its major counterparts in the New York session on Wednesday, ahead of the release of the Federal Reserve's July meeting minutes that could provide greater clarity on monetary policy easing.
RTTNews | 17h 46min ago
U.S. Added 818,000 Fewer Jobs Than Previously Reported, BLS Says
Revised data released by the Bureau of Labor Statistics on Wednesday showed job growth in the U.S. was weaker than previously reported in the twelve months ended March 2024. The BLS said the U.S. economy added 818,000 fewer jobs from March 2023 to March 2024 than initially reported, reflecting 0.5 percent weaker job growth.
RTTNews | 18h 37min ago
Analysis for GBPUSD
USD Weakens Amid Fed Speculation; BOE's Divergent Path Gains Attention
The US Dollar eased across the board as traders braced for key central bank meetings this week. The Federal Reserve's potential pivot towards a more dovish monetary policy has caused the USD to dip to its lowest level in seven months. This shift in sentiment reflects growing expectations that the Fed may soon begin a rate-cutting cycle, influencing market movements.
ACY Securities | 1h 44min ago
Daily Global Market Update
Gold held steady, but technical indicators suggest overbought conditions. The Euro and Pound gained against the Dollar, also showing overbought signals. Bitcoin surged significantly, with similar technical warnings. Wall Street rallied on recession hopes and potential rate cuts. Cardano dropped from top 10 cryptocurrencies. AMD to acquire ZT Systems for AI expansion.
Moneta Markets | 1 day ago
Dollar Pressures by Dovish Fed Remark
The Dollar Index (DXY) remains under pressure as dovish comments from multiple Federal Reserve officials suggest the possibility of a rate cut in the near future.
PU Prime | 2 days ago
The Week Ahead - Fed Signals & Currency Shifts: The Fed, the Euro, and the Pound in Focus
This week is shaping up to be an important one for global markets, with all eyes on the Federal Reserve’s annual economic symposium in Jackson Hole, running from July 22 to 24. This year’s theme, “Reassessing the Effectiveness and Transmission of Monetary Policy,” couldn’t be more timely given the current economic uncertainties.
ACY Securities | 2 days ago
GBPUSD Exchange Rates Analysis
GBPUSD Historical Data - Historical GBPUSD data selectable by date range and timeframe.
GBPUSD Volatility - GBPUSD real time currency volatility analysis.
GBPUSD Correlation - GBPUSD real time currency correlation analysis.
GBPUSD Indicators - GBPUSD real time indicators.
GBPUSD Patterns - GBPUSD real time price patterns.
GBPUSD Technical Analysis
Technical Summary:
Buy
| Pattern | Buy (6) | Sell (5) |
|---|---|---|
| Closing Marubozu | h1 | |
| Doji | m1 | |
| Engulfing Pattern | w1 | |
| High-Wave | m1, h4 | |
| Hikkake | h4 | |
| Long Legged Doji | m1 | |
| Short Line | m15, h4, d1 | m30, mn |
| Spinning Top | h4 | m1, mn |
Legend:
Buy
Sell
Neutral
Live Spreads
| Brokers | GBP/USD |
|---|---|
| Open Account | - |
| Open Account | - |
| Open Account | - |
| Open Account | - |
| Open Account | - |
| Open Account | - |
| Open Account | - |
| Open Account | - |
| Open Account | - |
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Charts Activity
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GBPUSD,M15 by 77902333 Aug 15 at 23:49
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GBPUSD,H4 by Legodi1962 Aug 15 at 12:08
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GBPUSD,H1 by saidbourane Jul 13 at 19:39
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GBPUSD,D1 by Its_vinnie38 Jul 13 at 18:48
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GBPUSD,H1 by pmodiy Jul 09 at 04:29
