Trade British Pound / US Dollar (GBPUSD)

Daily Overview - GBP/USD

Trade GBP/USD with real-time insights and the latest data on zForex. Stay updated with current price movements, technical analysis, and fundamental analysis to make smarter decisions in the financial markets.

Technical Signals for GBP/USD

Our platform offers a detailed breakdown of buy and sell signals, utilizing advanced technical indicators to help you analyze the GBPUSD pair. Gain a deeper understanding of market sentiment and price dynamics.

GBPUSD Support and Resistance Levels Today

Today's GBP/USD support and resistance levels provide valuable data for the upcoming days. Check the table below for detailed support (S1, S2, S3) and resistance (R1, R2, R3) levels to discover what the markets have in store for you.

GBPUSD Support Levels	GBPUSD Resistance Levels
S1	R1
S1	R1
S1	R1

GBPUSD Technical Analysis

Learn More About GBPUSD Forex Pair

What are the GBPUSD trading hours?

GBP/USD trading is available 24 hours a day from Monday to Friday, aligning with the global forex market hours. The most active trading periods are during the overlap of the London and New York sessions. Please see the GBPUSD contract details for spread, swap, and other specifics.

What does going short and long mean in the GBPUSD pair?

Taking a short position in GBP/USD means you are selling the British pound and buying the US dollar. This indicates you expect the value of the GBP to decrease relative to the USD. For example, if you short GBP/USD at 1.30 and the price falls to 1.29, you profit from the 1 cent decrease. However, if the price rises, you experience a loss.

Conversely, taking a long position in GBP/USD means you are buying the British pound and selling the US dollar. This indicates you expect the value of the GBP to increase relative to the USD. For example, if you long GBP/USD at 1.30 and the price rises to 1.31, you profit from the 1 cent increase. However, if the price falls, you incur a loss.

How can I start trading GBP/USD with zForex?

Starting your trading journey with zForex is easy. Simply open a demo or real account on our platform, deposit funds, and access your MetaTrader account. For more information, please check our How to Open an Account page.

Enjoy competitive spreads, fast execution, and top-notch support to enhance your trading experience.

What tools does zForex provide for analyzing GBPUSD?

zForex offers MT5 for trading and analyzing GBP/USD, including real-time price charts and technical indicators. For buy and sell signals and analysis, stay informed with our Daily Market Research, and follow our YouTube and Telegram channels.

What are the top factors affecting GBPUSD?

The value of GBP/USD is influenced by several key factors, including interest rate differentials between the US and the UK, economic data releases, and political events.

For example, if the Federal Reserve increases interest rates while the Bank of England maintains low rates, the USD may strengthen against the GBP, driving the GBP/USD pair lower. Similarly, positive US economic data, such as higher GDP growth, can also decrease GBP/USD.

Latest GBP/USD Analysis and News

Russia-Ukraine Developments Test Market Strength (11.20.2024)

Metals continued their upward movement on Wednesday with increasing tensions between Russia and Ukraine.

Detail Market Awaits Upcoming EUR CPI Data (11.19.2024)

On Tuesday, precious metals and oil started the day with an increase due to geopolitical tensions.

Detail Dollar Near Two-Year Highs, UK CPI in Focus (18.11.2024)

The US Dollar Index hovers near two-year highs at 106.6, pressuring EUR/USD at 1.0540 as hawkish Fed expectations weigh on the euro and pound.

Detail UK GDP and US Retail Sales Data Shape Markets (11.15.2024)

The market's focus today will be on the UK GDP data, while in the US, attention will be on retail sales.

Detail Markets Await U.S. Inflation Data and Fed Guidance (11.14.2024)

As the market reacts to U.S. inflation data and comments from Fed officials, major currencies and metals experience heightened volatility.

Detail U.S. Inflation Data and Fed Signals Shape Markets (11.13.2024)

The focus is on the cautious market sentiment as major currencies and metals respond to potential inflationary pressures from a possible second Trump term and key U.S. data releases.

Detail Dollar Surge Pressures Major Currencies and Metals (11.12.2024)

The US dollar strengthened across markets as optimism about a potential second Trump presidency increased expectations for tax cuts, deregulation, and higher tariffs on China and the EU.

Detail Market Focus Shifts to Key Inflation Data and Central Bank Signals (11.11.2024)

Investors await crucial U.S. inflation data and Fed signals amid a resilient dollar in a cautious trading environment.

Detail Global Markets React to the Fed Rate Cut Impact (11.08.2024)

Today, markets respond to the Federal Reserve’s recent 25-basis-point rate cut decision. It reflects a flexible approach, with Chair Jerome Powell highlighting a meeting-by-meeting policy stance, unaffected by the recent U.S. election outcome.

Detail Markets Await Fed, BoE Decisions as Dollar Surges Post-Election (11.07.2024)

Today, the market landscape cautious as the dollar rallies on Donald Trump’s U.S. presidential election victory, with investors focused on upcoming rate decisions from both the Federal Reserve and the Bank of England.

Detail

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