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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.
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.
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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.
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.
EUR/USD edged higher near 1.1230, supported by a weaker dollar but capped by ECB rate cut expectations. The yen slipped past 145 as a preliminary US-UK trade deal and Fed hawkishness lifted the greenback.
Detail Traders Weigh BoE Cut and Trade Announcements (05.08.2025)The EUR/USD pair hovered above 1.1300 with reduced political uncertainty in Europe. The Japanese yen firmed to 143.6 per dollar as global trade tensions renewed precious metals interest and BoJ minutes signaled cautious openness to further hikes.
Detail Global Markets Await Fed as Dollar Steadies (05.07.2025)The euro edged down to $1.1338 on Wednesday, pressured by political uncertainty in Germany and caution ahead of the Federal Reserve’s rate decision.
Detail Markets Mixed Ahead of Fed: Gold Up, Euro Down (05.06.2025)The euro slipped to $1.1315 on Tuesday, pressured by dollar strength ahead of the Federal Reserve’s rate decision. The yen also weakened toward 144, while gold surged to nearly $3,360 as renewed tariff threats increased safe-haven demand.
Detail Euro and Metals Rise as Dollar Weakens Ahead of Fed Decision (05.05.2025)The euro edged up to $1.1340 as the U.S. dollar weakened on expectations that the Federal Reserve will hold rates steady this week. The yen gained slightly amid ongoing trade talks and a dovish Bank of Japan outlook.
Detail Trade Optimism Cools Demand for Havens (05.02.2025)The euro dipped to $1.13 after a strong April, while the yen hovered near 146 amid fading safe-haven demand. Gold and silver extended losses as President Trump voiced optimism over trade deals with key Asian partners, easing tariff concerns.
Detail USD Strength on Trade Sentiment Impacts Currencies (05.01.2025)EUR/USD dropped to a two-week low near 1.1300 despite soft U.S. data, as hopes of potential trade deals lifted the dollar.
Detail Markets Steady as Tariff Hopes Offset Dovish Signals (04.30.2025)The euro rebounded toward 1.1375 but remained range-bound as dovish ECB rhetoric capped the upside. The yen fell to 142.4 after weak Japanese data, while the pound slipped to 1.338, still near a two-year high, supported by limited UK tariff exposure.
Detail Markets Eye ECB and BOE Cuts as Trade Optimism Lifts Dollar (04.29.2025)The euro slipped to 1.1415 as ECB rate cut bets strengthened, while the pound fell on growing BoE easing expectations.
Detail Dollar Pressures Currencies, GBP Holds Steady (04.28.2025)EUR/USD slipped near 1.1360 as dollar strength and expectations of a dovish ECB weighed on the euro. The Japanese yen neared 144 against the dollar, pressured by improving global trade sentiment and ahead of renewed U.S.-Japan trade talks.
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