- Trading
- Instrument Specifications
- Currency Pairs
- GBP / USD Investing
Trade GBP/USD Forex Currency Pair
GBP/USD Forex Trading Conditions
| Options | Standard-Fixed & Floating | Beginner-Fixed & Floating | Demo-Fixed & Floating |
|---|---|---|---|
| Fixed spread, pip | 3 | 3 | 3 |
| Floating Spread, pip | 2.4 | 2.4 | 2.4 |
| Order distance, pip | 4 | 4 | 4 |
| Swap, pip (Long/Short) | -0.48 / -0.28 | -0.48 / -0.28 | -0.48 / -0.28 |
| Digits | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | >=10000.00 GBP | 100.00 – 100000.00 GBP | >=100.00 GBP |
| Contract size | -/- | -/- | -/- |
|
1 pip value per 100000 | 10 USD | 10 USD | 10 USD |
| Options | Standard-Fixed | Micro-Fixed | Demo-Fixed | PAMM-Fixed |
|---|---|---|---|---|
| Fixed spread, pip | 3 | 3 | 3 | 3 |
| Order distance, pip | 4 | 4 | 4 | 4 |
| Swap, pip (Long/Short) | -0.48 / -0.28 | -0.48 / -0.28 | -0.48 / -0.28 | -0.48 / -0.28 |
| Digits | 0.0001 | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
| Lot size | 100000 GBP | 100000 GBP | 100000 GBP | 100000 GBP |
|
1 pip value per 1 lot | 10 USD | 10 USD | 10 USD | 10 USD |
| Options | Standard-Floating | Micro-Floating | Demo-Floating | PAMM-Floating |
|---|---|---|---|---|
| Floating Spread, pip | 2.4 | 2.4 | 2.4 | 2.4 |
| Order distance, pip | 4 | 4 | 4 | 4 |
| Swap, pip (Long/Short) | -0.48 / -0.28 | -0.48 / -0.28 | -0.48 / -0.28 | -0.48 / -0.28 |
| Digits | 0.0001 | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
| Lot size | 100000 GBP | 100000 GBP | 100000 GBP | 100000 GBP |
|
1 pip value per 1 lot | 10 USD | 10 USD | 10 USD | 10 USD |
GBP/USD Trading Hours
GBP/USD trading hours are the time when investors can buy and sell GBP/USD. The GBP/USD is traded on multiple exchanges around the world. This means that investors have many different opportunities to trade GBP/USD during different trading hours. Depending on where you live, you may be able to trade GBP/USD at any time throughout the day or night. For those who want to take advantage of these opportunities, it is important to know when GBP/USD trading hours begin and end.
GBP/USD Technical Analysis
The GBPUSD technical analysis of the price chart on 1-hour timeframe shows GBPUSD,H1 is rebounding toward the 200-period moving average MA(200) which is leveling off. We believe the bullish momentum will continue after the price breaches above the upper bound of the Donchian channel at 1.2476. A level above this can be used as an entry point for placing a pending order to buy. The stop loss can be placed above 1.2434. After placing the order, the stop loss is to be moved to the next fractal low indicator, following Parabolic signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level without reaching the order, we recommend cancelling the order: the market has undergone internal changes which were not taken into account.
Fundamental Analysis of Forex - GBP/USD
UK manufacturing activity resumed growing in February. Will the GBPUSD price rebounding persist?
UK manufacturing activity resumed growing in February: the Office for National Statistics reported UK Manufacturing Production rose 1.2% in February after 0.2% decline in January when 0.1% growth was forecast. Production rose in three of the four production sectors, with the largest contribution from "manufacturing" -1.2%. Increases were partially offset by a fall in "mining and quarrying" - 0.8%. Rising manufacturing activity is bullish for GBPUSD.
| Indicator | Signal |
| RSI | Neutral |
| MACD | Buy |
| Donchian Channel | Buy |
| MA(200) | Sell |
| Fractals | Buy |
| Parabolic SAR | Buy |
The GBP/USD is one of the oldest traded currency pairs and is often referred to as “The Cable”. In 1866, the first transatlantic communication cable run across the floor of the Atlantic was used for transmitting currency prices between Great Britain and the United States.
GBPUSD Trading
The GBPUSD is one of the oldest traded currency pairs and is often referred to as “The Cable”. In 1866, the first transatlantic communication cable run across the floor of the Atlantic was used for transmitting currency prices between Great Britain and the United States. This pair presents how many dollars are needed to trade GBPUSD. For a deeper understanding how to trade currency pairs, for example GBPUSD, you will need to know about bid and ask, pips and more, we suggest to start from basics "What is Forex Trading and how does it work".
Currency Pair GBPUSD | Forex | Major
The British Pound (GBP, "Sterling", "Cable") is the 4th most traded currency in the world. The issuer is the Bank of England.
- Is characterized by a relatively high value against other major currencies
- Is often used as a reserve currency
