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
-1.50 pips
B6Z26 (Dec '26)
Dec 2026
6.25 pips
B6H27 (Mar '27)
Mar 2027
6.75 pips
B6M27 (Jun '27)
Jun 2027
2.75 pips
Marginal Data GBPUSDrfd
Margin
$1700
2026-07-30
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 | -7.167 M | 5.131 M | 2.010 M | ▲ |
| 29.07 21:00 | Fed Interest Rate Decision | USD | 3.75% | 3.75% | — | |
| 29.07 21:30 | FOMC Press Conference | USD | — | |||
| 30.07 14:00 | BoE Interest Rate Decision | GBP | 3.75% | 3.75% | — | |
| 30.07 15:30 | Core PCE Price Index m/m | USD | 0.1% | 0.4% | 0.3% | — |
| 30.07 15:30 | Core PCE Price Index y/y | USD | 3.3% | 3.5% | 3.4% | — |
🎯 Key Levels (Pivot Points) GBPUSDrfd
R3
1.35144
1.35144
R2
1.34502
1.34502
R1
1.3406
1.3406
Pivot
1.33418
1.33418
S1
1.32976
1.32976
S2
1.32334
1.32334
S3
1.31892
1.31892
🟢 Close (1.33617) above Pivot (1.33418). Bulls in control on Open 30.07.2026
Latest Analysis Threads GBPUSDrfd
- GBPUSD Forecast for July 30, 202630.07.2026
- 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
Latest News GBPUSD
30.07.2026
The Bank of England Has a Trump Problem as Iran War Blocks Rate Cuts
Read between the lines and the Bank of England has a simple message for British workers losing their jobs or homeowners facing high mortgage rates: Blame Donald Trump.
30.07.2026
BOE’s Bailey Says Young Bear Brunt of Low Hire, Low Fire Economy
Bank of England Governor Andrew Bailey warned that Britain’s static labor market is behind the surge in youth unemployment.
30.07.2026
BOE Governor Bailey on Rates, Uncertainty, Labor Market
Bank of England Governor Andrew Bailey tells Bloomberg's Francine Lacqua there is "huge uncertainty" in the world at the moment, including around energy prices. He also discusses the Monetary Policy Committee's decision to hold interest rates at 3.75% in July and the labor market. "I think we are se...
30.07.2026
Fed’s Warsh Rebuked by Investors Craving a Real Inflation Fight
Kevin Warsh’s bare-bones communication style has left investors doubting his commitment to curb inflation, putting more pressure on the new Federal Reserve chairman to back up his words with interest-rate hikes.
Matt Miskin, Co-Chief Investment Strategist John Hancock Investment Management, discusse...
30.07.2026
Short Gilts Surge as Traders Slash Bets on BOE Hike in September
Short-dated UK government bonds had their biggest daily rally in more than a month after the Bank of England left interest rates unchanged and pointed to easing domestic inflationary pressures.
30.07.2026
FAA’s Second-in-Command Rocheleau Departing the Regulator
The US Federal Aviation Administration’s deputy administrator, Chris Rocheleau, is departing the agency after a year and a half on the job, according to a message he sent to his colleagues Thursday.
30.07.2026
US-Iran War Flares as Fighting Spreads Across Mideast
Fighting between the US and Iran has resumed after a brief lull, with American strikes focused on military targets and Tehran-aligned forces targeting US partners in the region. Israel has so far remained outside the latest exchange of strikes following Prime Minister Benjamin Netanyahu’s in-person ...
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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