Currencies-GBPUSD-

GBPUSD GBP/USD

1.20552 -0.01773 (-1.45%)
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-2.93% Past Week
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Prev. Close
1.21
Day’s Range
1.20486
-
1.22649
52W Range
1.03228
-
1.36429
1Y Return
-10.88%

GBP/USD Latest News

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Top Discussions
Miroslav Surkala
SP500 comparison in 2001-2003 vs. 2021-2023. If it works out, the subsequent impact on the FX markets is clear. $SPX500 $EURUSD $GBPUSD
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salvcasu
Trading idea: $GBPUSD W prospettiva short sotto 1.19800 o cercare una continuazione short dopo correzione in area 1.21600 www.tradingview.com/x/qO1v3dr5/ D www.tradingview.com/x/GofBD3ST/ Translate
John Dill Macapagal
𝟮𝟬𝟮𝟯 𝙒𝙚𝙚𝙠 𝟱 𝙏𝙧𝙖𝙙𝙚𝙨 𝙞𝙣 𝙍𝙚𝙫𝙞𝙚𝙬 𝘛𝘰𝘵𝘢𝘭 𝘛𝘳𝘢𝘥𝘦𝘴: 6 𝘗𝘰𝘳𝘵𝘧𝘰𝘭𝘪𝘰 𝘤𝘩𝘢𝘯𝘨𝘦: -0.11% Wins: 3 Losses: 3 Breakeven: 1 (*Breakeven: trades that were closed with <=0.01% change in our portfolio) 𝙒𝙚𝙚𝙠 𝟱 𝙉𝙤𝙩𝙚𝙨: 3 trades are still open. 𝟮𝟬𝟮𝟯 𝙍𝙚𝙨𝙪𝙡𝙩𝙨: Week... Show More
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TheIncome
Edited
$UK100 Thought* So UK index became heavily overbought with reaching new ATH thats why I opened heavy short positions with $ISF.L I expect a retracement down to 7500 points within a few weeks, so I´ll leave my shorts open for some time, in case it gets higher I might add more shorts to it. There are... Show More
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Allan Milne
Edited
Diary of a Crap Investor - Weeks 4 and 5 2023 Mon 23rd - Thu 26th Jan Looking back it's hard to believe, but I got the option to share the joyous news that my portfolio had "increased by 2.5% yesterday". However, I'm not that mental, and by this point I was basically trading the US... Show More
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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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