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
Key Takeaways From Trump and Netanyahu's Meeting
US President Donald Trump welcomed Israeli Prime Minister Benjamin Netanyahu to the White House for talks on Tuesday. The Israeli prime minister pressed the US to ensure Iran never acquires nuclear weapons. Netanyahu was in Washington for the funeral of Senator Lindsey Graham, a longtime Iran hawk. ...
29.07.2026
US Intercepts Iran Attack on Bases, Puncturing Calm
The US said it intercepted an Iranian attack on military bases, ending a dayslong pause in fighting and increasing the risk of a return to full-blown war in the Middle East. Bloomberg's Abeer Abu Omar has the latest. (Source: Bloomberg)
29.07.2026
Japan’s GPIF Boosts JGB Expertise by Employing Active Bond Funds
Japan’s Government Pension Investment Fund hired active domestic bond funds for the first time in five years, a recognition that one of the world’s biggest retirement money managers needs to increase its expertise to deal with volatility in the nation’s debt market.
28.07.2026
Forex Forecasts – US Dollar Flexes Strength Across EUR/USD, GBP/USD, and USD/CHF
The US dollar continues to flex its muscles early on Tuesday.
28.07.2026
Boeing (NYSE:BA) Posts Better-Than-Expected Sales In Q2 CY2026
Boeing (NYSE:BA) Posts Better-Than-Expected Sales In Q2 CY2026
28.07.2026
Nasdaq Futures Slump as Chip Selloff Rages On, FOMC Meeting and Earnings on Tap
September Nasdaq 100 E-Mini futures (NQU26) are down -0.80% this morning as a selloff in chip stocks deepened.
28.07.2026
US Dollar Price Forecast: Fed, GDP and PCE Data in Focus – What’s Next for DXY, GBP/USD and EUR/USD?
The Fed meeting, GDP, PCE inflation and payrolls could drive major forex moves this week. Explore the latest outlook for DXY, EUR/USD and GBP/USD.
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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