💱 GBPUSD (£/$) -TRADERS' GUIDE
ℹ️ The British Pound Sterling is the oldest actively traded currency in the global Forex market, and London is the largest Forex center worldwide. GBP/USD accounts for 11.4% of the Forex market volume.
✅ The British Pound makes up 11.9% of the US Dollar Index.
✅ GBP/USD is one of the three most liquid pairs in the Forex market, along with EURUSD and USDJPY, and a favorite pair for Forex scalpers and day traders.
✅ GBP/USD performs exceptionally well in April.
✅ The best time to trade GBPUSD, based on the average historic volatility, occurs between 08.00 GMT and 15.00 GMT {Eastern Time = GMT - 05:00}.
Table: GBP/USD Average Monthly Returns (for the period 2000–2018)
📅 GBPUSD SEASONAL PATTERNS:
According to our data {2000-2018}, these are the best months to trade GBPUSD:
🔺 BEST MONTHS FOR LONG TRADES (↑)
- APRIL, an excellent month to go long on GBPUSD, offering +1.30% average returns, times (16-3), and +0.56% momentum
RECENT 5 PERIODS: 4 bullish out of 5
RELIABILITY: a very reliable pattern, especially after 2004 (☆☆☆☆☆)
- JUNE, average returns +0.42%, times (12-7), and +0.56% momentum (a notable exception was the year 2016)
RECENT 5 PERIODS: 3 bullish out of 5
RELIABILITY: not a very reliable seasonal pattern (☆☆)
🔻 BEST MONTHS FOR SHORT TRADES (↓)
- FEBRUARY, average negative returns -1.02%, times (8-11), and -0.30% momentum
RECENT 5 PERIODS: 3 bearish out of 5
RELIABILITY: not a very reliable seasonal pattern (☆☆)
- MAY, average negative returns -0.57%, times (5-14), and -0.33% momentum
RECENT 5 PERIODS: 4 bearish out of 5
RELIABILITY: a considerably reliable seasonal pattern (☆☆☆☆)
- AUGUST, average negative returns -0.94%, times (6-13), and -0.62% momentum
RECENT 5 PERIODS: 4 bearish out of 5
RELIABILITY: a considerably reliable seasonal pattern (☆☆☆☆)
📶 ΔMP chart from TradingCenter.org and G. Protonotarios
The chart below is a unique ΔMP chart from TradingCenter.org. ΔMP (ΔΜΠ) usually stands for “Delta Market Price,” showing the difference or movement in price over a specific period. 🔗 What is ΔΜΠ?
Chart: Combining the Monthly Returns (Blue Line) and the Monthly Momentum ΔMP (Orange Area)
The full statistics of the pair are shown in the book (licensed to G. Protonotarios): 🔗 The Hidden Patterns Behind 15 Forex Pairs: Revealing Momentum and Seasonal Patterns Based on 18.5 Years of Daily Exchange Rates
🔄 GBPUSD Intermarket Correlations
- 5-YEAR GBPUSD CORRELATIONS:
Based on 5 years of daily data (2014-2018), these are the major GBPUSD correlations:
(+) MAJOR POSITIVE CORRELATIONS:
- EURUSD (☆☆☆)
- EURCHF (☆☆)
- AUDUSD (☆☆)
- EURNZD (☆)
(-) MAJOR NEGATIVE CORRELATIONS:
- USDJPY (☆☆☆☆)
- EURJPY (☆☆☆☆)
- GBPJPY (☆☆☆☆)
- USDCHF (☆☆)
📈 GBPUSD HISTORICAL SUPPORT & RESISTANCE LEVELS
The following GBP/USD crucial Support & Resistance levels come from historical data covering the trading period from 1991 to May 2013. These numbers are historical highs and lows and do not include the corresponding trendlines (/) or ():
> Press Tab to Reveal GBPUSD Statistics
Table: CRUCIAL GBPUSD LEVELS 1991-2013 LEVEL EFFECT EXPLANATION YEAR 2.1161 VERY STRONG ALL-PERIOD HIGH 2007 2.0670 AVERAGE+ PERIODIC HIGH 2007 2.0379 AVERAGE PERIODIC HIGH 2011 2.0050 AVERAGE- PERIODIC HIGH 1991 1.9846-1.9970 AVERAGE+ PERIODIC HIGH Several Years 1.9554 WEAK PERIODIC HIGH Several years 1.9155 AVERAGE PERIODIC HIGH 2004 1.8906 AVERAGE- PERIODIC HIGH-LOW 1990-1992 1.8774-1.8788 WEAK PERIODIC HIGH 2004 1.8687 WEAK- PERIODIC HIGH 2008 1.7610 WEAK- PERIODIC HIGH-LOW Several years 1.7332 AVERAGE+ ALL-PERIOD PIVOT (-) 1.70406-1.70468 WEAK PERIODIC LOW-HIGH 2005-2009 1.6873 WEAK- PERIODIC HIGH 1991 1.6735-1.6737 AVERAGE PERIODIC HIGH-LOW Several years 1.6617-1.6694 AVERAGE PERIODIC HIGH Several years 1.65848 WEAK PERIODIC HIGH 2011 1.6294-1.6353 AVERAGE- PERIODIC HIGH Several Years 1.5908 WEAK PERIODIC LOW 1996 1.5345-1.5350 WEAK PERIODIC LOW Several years 1.5265-1.5270 WEAK+ PERIODIC LOW Several years 1.4830-1.4890 AVERAGE- PERIODIC LOW Several Years 1.4540 WEAK PERIODIC LOW 1993-1994 1.4236-1.4251 WEAK+ PERIODIC LOW 2010 1.4040-14075 AVERAGE- PERIODIC HIGH 1992 1.3688-1.3690 AVERAGE- PERIODIC LOW 2001-2009 1.3503 VERY STRONG ALL-PERIOD LOW Source: TradingCenter.org Important Note: GBPUSD table data corresponds to daily prices during the period August 1991-May 2013.
2009
📝 GBPUSD OTHER STATISTICS (2 of the 4 last digits)
The following table can help day traders improve their chances of placing optimal Take Profit and Stop-Loss orders. Table: GBP/USD Last Two of Four Digits Historical Frequency (Daily Data Collected 2001–2013) Source: TradingCenter.org
HIGH PRICE
LOW PRICE
CLOSE PRICE
OPEN PRICE
LAST DIGIT
TIMES
%
LAST DIGIT
TIMES
%
LAST DIGIT
TIMES
%
LAST DIGIT
TIMES
%
0
27
1.20%
0
26
1.16%
0
13
0.57%
0
25
1.09%
1
11
0.49%
1
25
1.11%
1
21
0.92%
1
16
0.70%
2
24
1.06%
2
29
1.29%
2
16
0.70%
2
27
1.18%
3
13
0.58%
3
26
1.16%
3
26
1.14%
3
20
0.87%
4
21
0.93%
4
30
1.34%
4
21
0.92%
4
20
0.87%
5
17
0.75%
5
20
0.89%
5
18
0.79%
5
15
0.65%
6
18
0.80%
6
26
1.16%
6
23
1.01%
6
25
1.09%
7
18
0.80%
7
16
0.71%
7
32
1.41%
7
17
0.74%
8
13
0.58%
8
25
1.11%
8
21
0.92%
8
22
0.96%
9
24
1.06%
9
18
0.80%
9
23
1.01%
9
33
1.44%
10
20
0.89%
10
26
1.16%
10
34
1.49%
10
27
1.18%
11
24
1.06%
11
24
1.07%
11
20
0.88%
11
36
1.57%
12
16
0.71%
12
21
0.93%
12
21
0.92%
12
19
0.83%
13
23
1.02%
13
32
1.42%
13
30
1.32%
13
22
0.96%
14
22
0.97%
14
21
0.93%
14
27
1.19%
14
19
0.83%
15
16
0.71%
15
31
1.38%
15
17
0.75%
15
33
1.44%
16
27
1.20%
16
20
0.89%
16
29
1.27%
16
16
0.70%
17
14
0.62%
17
20
0.89%
17
25
1.10%
17
25
1.09%
18
28
1.24%
18
27
1.20%
18
24
1.05%
18
20
0.87%
19
18
0.80%
19
22
0.98%
19
20
0.88%
19
21
0.92%
20
27
1.20%
20
23
1.02%
20
20
0.88%
20
26
1.13%
21
23
1.02%
21
19
0.85%
21
23
1.01%
21
16
0.70%
22
26
1.15%
22
23
1.02%
22
23
1.01%
22
23
1.00%
23
23
1.02%
23
21
0.93%
23
17
0.75%
23
25
1.09%
24
16
0.71%
24
33
1.47%
24
19
0.83%
24
21
0.92%
25
19
0.84%
25
31
1.38%
25
22
0.97%
25
22
0.96%
26
29
1.28%
26
27
1.20%
26
26
1.14%
26
20
0.87%
27
22
0.97%
27
13
0.58%
27
26
1.14%
27
25
1.09%
28
15
0.66%
28
27
1.20%
28
33
1.45%
28
28
1.22%
29
24
1.06%
29
25
1.11%
29
23
1.01%
29
27
1.18%
30
21
0.93%
30
33
1.47%
30
24
1.05%
30
25
1.09%
31
24
1.06%
31
30
1.34%
31
21
0.92%
31
24
1.05%
32
21
0.93%
32
18
0.80%
32
25
1.10%
32
38
1.66%
33
20
0.89%
33
28
1.25%
33
26
1.14%
33
17
0.74%
34
19
0.84%
34
25
1.11%
34
26
1.14%
34
31
1.35%
35
14
0.62%
35
22
0.98%
35
23
1.01%
35
15
0.65%
36
23
1.02%
36
16
0.71%
36
20
0.88%
36
23
1.00%
37
17
0.75%
37
17
0.76%
37
20
0.88%
37
25
1.09%
38
21
0.93%
38
21
0.93%
38
30
1.32%
38
18
0.79%
39
31
1.37%
39
25
1.11%
39
24
1.05%
39
24
1.05%
40
24
1.06%
40
20
0.89%
40
21
0.92%
40
28
1.22%
41
39
1.73%
41
18
0.80%
41
23
1.01%
41
23
1.00%
42
32
1.42%
42
20
0.89%
42
27
1.19%
42
29
1.27%
43
27
1.20%
43
21
0.93%
43
24
1.05%
43
26
1.13%
44
27
1.20%
44
26
1.16%
44
20
0.88%
44
31
1.35%
45
27
1.20%
45
17
0.76%
45
28
1.23%
45
21
0.92%
46
31
1.37%
46
23
1.02%
46
37
1.63%
46
33
1.44%
47
24
1.06%
47
17
0.76%
47
27
1.19%
47
19
0.83%
48
21
0.93%
48
20
0.89%
48
20
0.88%
48
25
1.09%
49
22
0.97%
49
32
1.42%
49
20
0.88%
49
25
1.09%
50
27
1.20%
50
21
0.93%
50
17
0.75%
50
18
0.79%
51
27
1.20%
51
22
0.98%
51
21
0.92%
51
26
1.13%
52
15
0.66%
52
30
1.34%
52
25
1.10%
52
17
0.74%
53
20
0.89%
53
27
1.20%
53
24
1.05%
53
31
1.35%
54
14
0.62%
54
32
1.42%
54
21
0.92%
54
26
1.13%
55
22
0.97%
55
21
0.93%
55
20
0.88%
55
21
0.92%
56
23
1.02%
56
18
0.80%
56
21
0.92%
56
18
0.79%
57
15
0.66%
57
19
0.85%
57
19
0.83%
57
20
0.87%
58
24
1.06%
58
19
0.85%
58
27
1.19%
58
21
0.92%
59
25
1.11%
59
20
0.89%
59
22
0.97%
59
24
1.05%
60
26
1.15%
60
35
1.56%
60
31
1.36%
60
26
1.13%
61
22
0.97%
61
26
1.16%
61
32
1.41%
61
28
1.22%
62
21
0.93%
62
22
0.98%
62
25
1.10%
62
24
1.05%
63
24
1.06%
63
22
0.98%
63
23
1.01%
63
25
1.09%
64
23
1.02%
64
29
1.29%
64
18
0.79%
64
23
1.00%
65
30
1.33%
65
23
1.02%
65
19
0.83%
65
18
0.79%
66
30
1.33%
66
24
1.07%
66
27
1.19%
66
24
1.05%
67
26
1.15%
67
10
0.45%
67
23
1.01%
67
24
1.05%
68
18
0.80%
68
18
0.80%
68
24
1.05%
68
26
1.13%
69
17
0.75%
69
21
0.93%
69
15
0.66%
69
26
1.13%
70
19
0.84%
70
21
0.93%
70
20
0.88%
70
20
0.87%
71
20
0.89%
71
21
0.93%
71
23
1.01%
71
18
0.79%
72
33
1.46%
72
25
1.11%
72
22
0.97%
72
20
0.87%
73
17
0.75%
73
21
0.93%
73
25
1.10%
73
26
1.13%
74
29
1.28%
74
27
1.20%
74
23
1.01%
74
20
0.87%
75
24
1.06%
75
23
1.02%
75
25
1.10%
75
28
1.22%
76
27
1.20%
76
26
1.16%
76
33
1.45%
76
20
0.87%
77
25
1.11%
77
15
0.67%
77
25
1.10%
77
30
1.31%
78
25
1.11%
78
20
0.89%
78
23
1.01%
78
23
1.00%
79
19
0.84%
79
28
1.25%
79
21
0.92%
79
19
0.83%
80
24
1.06%
80
24
1.07%
80
26
1.14%
80
15
0.65%
81
26
1.15%
81
24
1.07%
81
23
1.01%
81
21
0.92%
82
32
1.42%
82
23
1.02%
82
18
0.79%
82
22
0.96%
83
21
0.93%
83
22
0.98%
83
17
0.75%
83
24
1.05%
84
27
1.20%
84
25
1.11%
84
18
0.79%
84
23
1.00%
85
21
0.93%
85
18
0.80%
85
28
1.23%
85
27
1.18%
86
27
1.20%
86
18
0.80%
86
25
1.10%
86
25
1.09%
87
18
0.80%
87
27
1.20%
87
25
1.10%
87
19
0.83%
88
26
1.15%
88
21
0.93%
88
20
0.88%
88
15
0.65%
89
20
0.89%
89
16
0.71%
89
17
0.75%
89
20
0.87%
90
24
1.06%
90
20
0.89%
90
18
0.79%
90
22
0.96%
91
22
0.97%
91
22
0.98%
91
23
1.01%
91
25
1.09%
92
20
0.89%
92
21
0.93%
92
20
0.88%
92
27
1.18%
93
30
1.33%
93
14
0.62%
93
19
0.83%
93
22
0.96%
94
23
1.02%
94
19
0.85%
94
23
1.01%
94
21
0.92%
95
36
1.59%
95
21
0.93%
95
26
1.14%
95
25
1.09%
96
23
1.02%
96
14
0.62%
96
29
1.27%
96
17
0.74%
97
22
0.97%
97
16
0.71%
97
13
0.57%
97
22
0.96%
98
27
1.20%
98
19
0.85%
98
15
0.66%
98
19
0.83%
99
20
0.89%
99
29
1.29%
99
22
0.97%
99
15
0.65%
🏦 GBPUSD Central Banks
|
|
☑️ Founded in 1694, the Bank of England is the world’s second-oldest central bank. ☑️Monetary policy tools include interest rates and quantitative easing/tightening (QE/QT). ☑️ The BoE is sensitive to UK growth and inflation data. ☑️ It has a general 2% CPI inflation target. ☑️ The UK holds about 310 tonnes of gold reserves (as of 2025). ☑️ The UK’s foreign exchange reserves are about 165 billion USD (as of 2025). |
|
|
☑️ The Federal Reserve (the Fed) was founded on December 23, 1913, under President Woodrow Wilson. ☑️ The Fed consists of (i) the Board of Governors in Washington, D.C., (ii) 12 regional Federal Reserve Banks across the U.S., and (iii) the Federal Open Market Committee (FOMC), which sets monetary policy. ☑️ Its main monetary policy tools are the interest rate, open market operations (OMO), and Quantitative Easing (QE). ☑️ Its primary goals are high employment and 2% CPI inflation. ☑️ The U.S. holds about 8,130 tonnes of gold reserves (as of 2025). ☑️ U.S. foreign exchange reserves are around 245 billion USD (as of 2025). |
⚖️ COMPARE GBPUSD BROKERS & TRADING TERMS
The table below provides a basic comparison of regulated Forex brokers.
Table: Compare Forex Trading Cost (GBP/USD)
|
GBPUSD FOREX BROKER |
 |
|
 |
|
|
□ GBPUSD SPREAD |
1.5 pip on GBPUSD (without trading commissions) |
0.23 pip on GBPUSD |
0.57 pip on GBPUSD |
0.23 pip on GBPUSD |
|
□ TRADING COMMISSIONS |
NO |
YES $7/full traded lot |
YES $7/full traded lot |
YES $7/full traded lot |
|
□ PLATFORMS |
MT4/MT5 RStocks Trader |
MT4/MT5 Ctrader |
MT4/MT5 |
MT4/MT5 Ctrader |
|
□ AUTO-TRADING |
Fully Allowed Free VPS |
Fully Allowed
Free VPS |
Fully Allowed Free VPS NY4 and LD5 IBX Equinix |
Fully Allowed Free VPS |
|
□ REGULATION |
|
|
|
|
|
□ ACCOUNT INFO |
35 Forex pairs Min. Deposit: 200 USD Funding Methods: Cards | Bank Wire | Skrill PerfectMoney | Neteller » Review RoboForex |
65 Forex pairs Min. Deposit: 200 USD Funding Methods: Credit Cards | Bank Wire Skrill | PayPal | Neteller |
61 Forex pairs Min. Deposit: 200 USD Funding Methods: Credit Cards | Bank Wire Skrill | UnionPay | Neteller |
65 Forex pairs Min. Deposit: 200 USD Funding Methods: Credit Cards | Bank Wire Skrill | PayPal | Neteller |
|
□ WEBSITE
|
» IC Markets Website (Non-EU) |
◘ GBPUSD Technical Analysis & Report
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