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
-1.67 pips
B6Z26 (Dec '26)
Dec 2026
11.00 pips
B6H27 (Mar '27)
Mar 2027
13.00 pips
B6M27 (Jun '27)
Jun 2027
9.00 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% | — | ||
| 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
1.35144
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
- 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
30.07.2026
BOE Expected to Hold Rates as Energy Prices Swing (Video)
30.07.2026
British Shoppers Tap Savings Buffers to Ride Out Economic Pain
Since the pandemic, British families have been building a financial buffer for when they might need it most. That time seems to have come.
30.07.2026
US-Iran Talks ‘Ongoing’ to Normalize Situation, Pakistan Says
The negotiations between the US and Iran are “ongoing” to restore stability, particularly in the Strait of Hormuz, Pakistan’s Foreign Ministry spokesperson Tahir Andrabi said at a weekly briefing in Islamabad.
30.07.2026
Saudi Economy Shrinks Most Since 2020 as War Roils Oil Exports
Saudi Arabia’s economy saw its sharpest quarterly contraction since the Covid-19 pandemic, as the US-Israeli war against Iran poses challenges to the vital oil industry.
30.07.2026
Kevin Warsh Sparks Bond Rout After Fed Decision; US Strikes Iran Again | Daybreak Europe 7/30/2026
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins.
On today'...
30.07.2026
Hormuz Shipping Traffic Picks Up Despite Middle East Hostilities
Shipping across the crucial Strait of Hormuz has picked up in recent days despite a continuation of hostilities in the Middle East, with the US claiming its navy escorted some tankers across the waterway.
30.07.2026
US Launches New Wave of Attacks Against Iran
The US retaliated against Iranian strikes on American forces with a fresh wave of attacks, hitting dozens of targets in a two-hour operation aimed at degrading Tehran’s ability to threaten American forces, its Arab allies and commercial shipping in the region, according to a US Central Command post ...
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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