GBP to USD Exchange Rate

Upcoming Events for GBP and USD

		Event	Prev.	Cons.
6h 16m High	GBP	S&P Global Services PMI (May)	55	54.7
6h 16m Med	GBP	S&P Global Composite PMI (May)	54.1	54
6h 16m High	GBP	S&P Global Manufacturing PMI (May)	49.1	49.5
9h 16m Med	GBP	BoE Pill Speech
9h 46m Low	USD	Building Permits MoM (Apr)	-3.7%	-3%
9h 46m Low	USD	Building Permits (Apr)	1.467M	1.44M
10h 16m High	USD	Continuing Jobless Claims (May/11)	1794K	1799K
10h 16m High	USD	Initial Jobless Claims (May/18)	222K	220K
10h 16m High	USD	Jobless Claims 4-week Average (May/18)	217.75K	219K
10h 16m Med	USD	Chicago Fed National Activity Index (Apr)	0.15	0.16

FRB and BOE Interest Rates

Country	Central Bank	Current Rate	Previous Rate	Next Meeting
United States	Federal Reserve	5.5%	5.5%	20 days
United Kingdom	Bank of England	5.25%	5.25%	28 days

With recent data not increasing confidence inflation is moving sustainably toward 2 percent, the minutes of the latest Federal Reserve meeting suggest officials expect to maintain interest rates at current levels longer than previously thought.

RTTNews | 11h 47min ago

U.S. Dollar Appreciates Ahead Of Fed Minutes

The U.S. dollar was higher against its major counterparts in the New York session on Wednesday, as investors awaited minutes of the U.S. Federal Reserve's latest policy meeting for clues on the timing of the first cut.

RTTNews | 13h 2min ago

U.S. Existing Home Sales Unexpectedly Extend Pullback In April

Existing home sales in the U.S. unexpectedly saw further downside in the month of April, according to a report released by the National Association of Realtors on Wednesday. NAR said existing home sales slumped by 1.9 percent to an annual rate of 4.14 million in April after tumbling by 3.7 percent to a revised rate of 4.22 million in March.

RTTNews | 15h 51min ago

Mortgage Applications Jumped 1.9% Last Week As Mortgage Rates Decline

With the 30-year fixed mortgage rate decreasing for the third straight week, the Mortgage Bankers Association released a report on Wednesday showing a notable increase in mortgage applications in the week ended May 17th.

RTTNews | 16h 41min ago

Analysis for GBPUSD

UK Inflation distanced the expected rate cut

Expert market comment made by senior analyst Alex Kuptsikevich of the FxPro Analyst Team: UK Inflation distanced the expected rate cut

FxPro | 12h 58min ago

DXY Edges Higher on Fed Speak, JPY Weakens Past 156

Remarks from Federal Reserve Governor Waller that interest rate cuts are probably several months away lifted the Dollar Index (DXY) to 104.65 from 104.50 previously.

ACY Securities | 19h 49min ago

Dollar Dilemma: FOMC Caution

The US Dollar remained subdued as investors awaited the FOMC meeting minutes, with Federal Reserve officials emphasising the need for more evidence of easing inflation before considering rate cuts. This cautious stance has kept the dollar in check, influencing other markets as well.

PU Prime | 22h 48min ago

Daily Global Market Update

EUR/USD fell 0.1%, CCI indicates more downside. Gold rose 0.2%, but is overbought. GBP/USD was static, also overbought. Bitcoin surged 4.3%, may correct soon. Gold prices rose ahead of a US inflation report. Japan's shares hit a 34-year peak. Ripple acquired Standard Custody and Trust.

Moneta Markets | 1 day ago

GBPUSD Exchange Rates Analysis

GBPUSD Historical Data - Historical GBPUSD data selectable by date range and timeframe.

GBPUSD Volatility - GBPUSD real time currency volatility analysis.

GBPUSD Correlation - GBPUSD real time currency correlation analysis.

GBPUSD Indicators - GBPUSD real time indicators.

GBPUSD Patterns - GBPUSD real time price patterns.

Pattern	Buy (9)	Sell (3)
Belt-hold	w1
Closing Marubozu	w1
Doji	m30, h1
Engulfing Pattern	w1	mn
Hammer	h4
Harami	h4
High-Wave	m30, h1
Long Legged Doji	m30, h1
Long Line	w1
Marubozu	w1
Matching Low	h1
Rickshaw Man	m30, h1
Short Line	h4
Spinning Top		m30, h1

Pattern

Buy (9)

Sell (3)

Belt-hold

Closing Marubozu

Doji

m30, h1

Engulfing Pattern

Hammer

Harami

High-Wave

m30, h1