The GBP/USD (GBPUSD), commonly known as "Cable," is one of the world's most actively traded currency pairs, representing the exchange rate between the British pound (GBP) and the U.S. dollar (USD). It is one of the oldest Forex pairs and is widely followed by traders due to its liquidity, volatility, and sensitivity to economic and political events.
The GBP/USD exchange rate is primarily influenced by monetary policy decisions from the Bank of England (BoE) and the U.S. Federal Reserve (Fed), as well as inflation, interest rates, employment data, GDP growth, and political developments in the United Kingdom and the United States. Known for its larger daily price swings compared to many other major currency pairs, GBPUSD remains a popular choice for both short-term traders and long-term investors.
This page provides GBP/USD forecasts, technical analysis, economic calendar events, key support and resistance levels, forward points, margin data, market statistics, and regularly updated trading insights.
GBP/USD (GBPUSD)
The GBP/USD exchange rate is primarily influenced by monetary policy decisions from the Bank of England (BoE) and the U.S. Federal Reserve (Fed), as well as inflation, interest rates, employment data, GDP growth, and political developments in the United Kingdom and the United States. Known for its larger daily price swings compared to many other major currency pairs, GBPUSD remains a popular choice for both short-term traders and long-term investors.
This page provides GBP/USD forecasts, technical analysis, economic calendar events, key support and resistance levels, forward points, margin data, market statistics, and regularly updated trading insights.
Trading Specifications GBPUSDrfd
ℹ INFO
| Specification | Details |
|---|---|
| Symbol | GBP/USD (GBPUSD) |
| Asset Class | Major Forex Currency Pair |
| Base Currency | British Pound (GBP) |
| Quote Currency | U.S. Dollar (USD) |
| Min. Price Increment | 0.0001 (1 pip) |
| Trading Hours | 24 hours, Monday–Friday |
| Most Active Trading Period | 12:00–16:00 UTC (London–New York session overlap) |
| Key Market Drivers | Bank of England decisions, Federal Reserve policy, UK CPI, U.S. CPI, NFP, GDP |
| Correlation | Generally inversely correlated with the U.S. Dollar Index (DXY) |
Forward Points
B6U26 (Sep '26)
Sep 2026
0.00 pips
B6Z26 (Dec '26)
Dec 2026
-7.00 pips
B6H27 (Mar '27)
Mar 2027
-10.00 pips
B6M27 (Jun '27)
Jun 2027
-11.00 pips
Marginal Data GBPUSDrfd
Margin
$1700
2026-07-29
Point Cost
$6.25
per 1 pp
Points
272 pp
margin / cost
Economic Calendar (High Impact Events) GBPUSDrfd
Current Week (27.07–02.08)
| Time | Event | Cur. | Actual | Forecast | Prev. | Eff. |
|---|---|---|---|---|---|---|
| 27.07 15:30 | Durable Goods Orders m/m | USD | 0.3% | 1.7% | -4.0% | — |
| 28.07 17:00 | CB Consumer Confidence Index | USD | 90.8 | 89.5 | 92.2 | ▲ |
| 29.07 17:30 | EIA Crude Oil Stocks Change | USD | 5.131 M | 2.010 M | — | |
| 29.07 21:00 | Fed Interest Rate Decision | USD | 3.75% | — | ||
| 29.07 21:30 | FOMC Press Conference | USD | — | |||
| 30.07 14:00 | BoE Interest Rate Decision | GBP | 3.75% | — | ||
| 30.07 15:30 | Core PCE Price Index m/m | USD | 0.4% | 0.3% | — | |
| 30.07 15:30 | Core PCE Price Index y/y | USD | 3.5% | 3.4% | — |
🎯 Key Levels (Pivot Points) GBPUSDrfd
R3
1.33442
1.33442
R2
1.33272
1.33272
R1
1.33063
1.33063
Pivot
1.32893
1.32893
S1
1.32684
1.32684
S2
1.32514
1.32514
S3
1.32305
1.32305
🔴 Close (1.32853) below Pivot (1.32893). Bears in control on Open 29.07.2026
Latest Analysis Threads GBPUSDrfd
- GBP Analysis for July 28, 202628.07.2026
- GBP Forecast for July 27, 202627.07.2026
- GBP/USD Analysis for July 24, 202624.07.2026
- GBP Forecast for July 21, 202621.07.2026
- GBPUSD Forecast for July 17, 202617.07.2026
- GBP Analysis for July 16, 202616.07.2026
- GBPUSD Forecast for July 10, 202610.07.2026
Latest News GBPUSD
29.07.2026
UK Mortgage Approvals Recovered in June, BOE Data Shows
UK mortgage approvals ticked up in June, with the housing market showing some resilience in the face of higher borrowing costs and political turbulence.
29.07.2026
Aston Martin’s Quarterly Loss Deepens as Turnaround Stumbles
Aston Martin Lagonda Global Holdings Plc’s losses are widening as the troubled British carmaker struggles to gain momentum with its latest turnaround effort.
29.07.2026
Roknifard: Iran Strategic With Use of Allies’ Attacks
The US says it has intercepted several Iranian ballistic missiles on its military bases - breaking the brief pause in fighting in the Middle East. Meanwhile the US and Saudi forces launched attacks on Iran-backed militia targets in Iraq in response to the drones attacking Saudi's energy infrastructu...
29.07.2026
AI Still Driving Earnings Strength in Europe, Morgan Stanley Says
Marina Zavolock, chief European equity strategist at Morgan Stanley, says she hasn't seen such a strong earnings season in Europe in years. "We're seeing more interest in European equities in part because of the strong earnings season," she tells Bloomberg Television. (Source: Bloomberg)
29.07.2026
Iran Attacks US Bases
Iran fired on American forces overnight and the US and Saudi Arabia struck Tehran-backed militias in Iraq, ending a days-long lull in hostilities. The latest skirmishing underscores how far Iran and the US are from formally restarting peace negotiations, let alone agreeing a deal to permanently end ...
29.07.2026
Euro-Zone Wage Growth Set to Quicken Into Next Year, ECB Says
Euro-area pay growth is poised to accelerate through early 2027, though will remain far below previous peaks, the European Central Bank said as it gauges inflation resulting from the Iran war.
29.07.2026
Iran Attacks US Bases and Saudi Arabia Joins Strikes in Iraq
Iran fired on American forces overnight and the US and Saudi Arabia struck Tehran-backed militias in Iraq, abruptly ending a days-long lull in hostilities.
FAQ GBPUSDrfd
What is GBP/USD (GBPUSD)?
GBP/USD is the exchange rate between the British pound and the U.S. dollar. It is one of the world's most traded currency pairs and is commonly known as "Cable."
Why is GBP/USD called Cable?
The nickname "Cable" dates back to the 19th century, when exchange rates between London and New York were transmitted through a transatlantic telegraph cable.
What moves the GBP/USD exchange rate?
GBP/USD is mainly driven by Bank of England and Federal Reserve decisions, inflation, interest rates, employment data, GDP, and political developments in the UK and the United States.
Why is GBP/USD more volatile than EUR/USD?
GBP/USD often experiences larger price swings because the British pound is more sensitive to domestic political events, while the pair generally has lower trading volume than EUR/USD.
When is GBP/USD most active?
The highest trading activity usually occurs during the London–New York session overlap, when liquidity is highest and major economic news is released.
Can technical analysis be used to trade GBP/USD?
Yes. GBP/USD responds well to support and resistance levels, moving averages, RSI, MACD, and other technical indicators, although major economic or political news can quickly change market direction.
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