Currencies-GBPUSD-

GBPUSD GBP/USD

1.21933 0.00144 (0.12%)
S
1.21933
B
1.21954
S
1.21933
B
1.21954

GBP/USD price

-0.41% Past Week
Prev. Close
1.22
Day’s Range
1.21789
-
1.22045
52W Range
1.09231
-
1.31415
1Y Return
9.45%

GBP/USD Latest News

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eToroInvestment
🔔 𝗚𝗼𝗼𝗱 𝗠𝗼𝗿𝗻𝗶𝗻𝗴 𝗘𝘂𝗿𝗼𝗽𝗲 🔔 🔹European stock markets are poised for a decline in anticipation of upcoming U.S. inflation data, which may offer insights into the Federal Reserve's future policy direction. 🔹The euro remained stable against the dollar as the ECB expects inflation to... Show More
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John Dill Macapagal
If you want to diversify your 𝙘𝙤𝙥𝙮 𝙥𝙤𝙧𝙩𝙛𝙤𝙡𝙞𝙤, you can check out my bio. ℍ𝕖𝕣𝕖 𝕒𝕣𝕖 𝕤𝕠𝕞𝕖 𝕠𝕗 𝕥𝕙𝕖 𝕓𝕚𝕘 𝕟𝕖𝕨𝕤/𝕕𝕒𝕥𝕒 𝕤𝕥𝕚𝕝𝕝 𝕥𝕠 𝕔𝕠𝕞𝕖 𝕥𝕙𝕚𝕤 𝕨𝕖𝕖𝕜: ᴍᴏɴᴅᴀʏ: USD - ISM Manufacturing PMI USD - Fed Chair Powell Speaks ᴛᴜᴇsᴅᴀʏ: AUD - Cash Rate AUD - RBA Rate Statement CHF -... Show More
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Dr__Yasser
Adam Cairo
House prices are to drop further than expected this year despite falling mortgage rates. Estate agency Knight Frank said it expects prices to slump by 7pc this year – more than its March estimate of 5pc. It attributed part of the projected fall in its latest forecasts to volatility caused by last September’s... Show More
Housing to decline further?
100.00%
Housing hit lowest decline?
100.00%
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Cem Karasu
Global currencies against the U.S. dollar over the last 10 years: 🇻🇪: -99.9% 🇦🇷: -98.3% 🇹🇷: -92.6% 🇷🇺: -66.7% 🇧🇷: -55.4% $BTC   : +21,369% 🚀 $EURUSD $USDJPY $GBPUSD $AUDUSD no further questions..
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Marcello Nestola
Aggiornamento --- 29/10/2023 - Borse europee chiudono positive spinte dai dati sull'inflazione migliori delle attese. FTSE MIB +0,28%, CAC40 +0,37%, DAX +0,41%, FTSE100 +0,08%, IBEX 35 +0,01%. A settembre l'inflazione si è attestata a +4,3% con la componente core a +4,5% a/a decisamente inferiore... Show More Translate

About GBP/USD

The GBP/USD is a very popular currency pair, and one of the oldest traded pairs in the world. It measures the value of 1 Pound Sterling against the U.S. dollar. It is affected by changes in both currencies, and could be influenced by changes in interest rates decided upon by the Bank of England or the U.S. Federal Open Market Committee. It also usually displays a positive correlation with the EUR/USD pair, and a negative correlation with the USD/CHF, since all three are affected by changes in the European economy. When investing in this pair, a trader can open a short or long position. When opening a long position, the trader hopes that the ratio between the currencies will shift in favor of the GBP, so 1 Pound will be worth more in USD, thus generating a profit when selling the Pound. For example, if The Pound is valued at 1.2 USD when opening the position, and 1.3 USD when closing the position, the trader will make a profit of 10%. A short position works similarly, only in this case, the trader hopes that the USD will strengthen against the GBP. However, shifts in the currency market are measured in pips. A pip is the smallest unit of movement, to the fourth decimal place, meaning each pip equals 0.01%. Since traders wish to capitalize even on these small movements, a lot of capital is required to profit from such a shift. In mid-2016, the U.K. voted to break away from the EU, in a decision known as Brexit. This decision caused great concern in the global financial sector, and sent the GBP crashing, losing 9% in one day. Some traders predicted this change and made an incredible profit.
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