British Pound / US Dollar
Sterling against the US dollar, known as cable.
Price · last 3 months
Live · Twelve DataMarket trend
Bearish
British Pound / US Dollar is clearly bearish on this timeframe.
Confidence measures how much the indicators agree with each other. It is not a probability that a trade will be profitable.
Signals behind this
- Price vs long-term averagebearish
- EMA 20 vs EMA 50neutral
- MACD momentumbearish
- RSI (14)bearish
- Bollinger positionbearish
- Market structurebearish
Key levels
- 1.34517+0.42%
- 1.34751+0.60%
- 1.35633+1.26%
- 1.33833-0.09%
- 1.33324-0.47%
- 1.33003-0.71%
4.2%annualised · low
Volatility is compressed relative to normal. Quiet markets tend to precede expansion, so this is a setup for a breakout rather than a reason to expect continued calm.
How this developed
Major moves, trend changes, level breaks and news for this window, newest first.
Medium-term trend turned bearish
Trend changeThe 20-period average crossed below the 50-period average — the same signal behind this page's trend verdict.
just now
Dollar slips as eurozone PMIs beat expectations
NewsComposite PMI for the bloc came in above consensus, with the services component driving the beat and manufacturing stabilising just under the expansion line. The euro rallied through the session high on the release.
7h ago
Bank of England splits three ways on the policy path
NewsThe rate decision passed with an unusually fragmented vote, including one dissent for a cut and one for a hold with hawkish guidance. Sterling round-tripped the move within the hour.
15h ago
Dropped 0.72% in one bar
Price moveA genuinely large move for this market, not just a large-looking percentage — it moved 1.9× its typical daily range (0.37%).
3d ago
Closed below 1.33833
Level breakThat price is one of today's key levels — this is when price last closed on the other side of it.
3d ago
Dropped 0.42% in one bar
Price moveA genuinely large move for this market, not just a large-looking percentage — it moved 1.1× its typical daily range (0.37%).
22d ago
Jumped 0.55% in one bar
Price moveA genuinely large move for this market, not just a large-looking percentage — it moved 1.4× its typical daily range (0.40%).
Aug 19
Closed above 1.35633
Level breakThat price is one of today's key levels — this is when price last closed on the other side of it.
Aug 19
Closed above 1.34751
Level breakThat price is one of today's key levels — this is when price last closed on the other side of it.
Aug 7
Closed above 1.34517
Level breakThat price is one of today's key levels — this is when price last closed on the other side of it.
Aug 4
Closed above 1.34751
Level breakThat price is one of today's key levels — this is when price last closed on the other side of it.
Jul 31
Jumped 0.71% in one bar
Price moveA genuinely large move for this market, not just a large-looking percentage — it moved 1.4× its typical daily range (0.49%).
Jul 30
Closed above 1.34517
Level breakThat price is one of today's key levels — this is when price last closed on the other side of it.
Jul 30
Jumped 0.59% in one bar
Price moveA genuinely large move for this market, not just a large-looking percentage — it moved 1.3× its typical daily range (0.45%).
Jul 29
Closed below 1.33003
Level breakThat price is one of today's key levels — this is when price last closed on the other side of it.
Jul 27
Closed below 1.33324
Level breakThat price is one of today's key levels — this is when price last closed on the other side of it.
Jul 23
Closed below 1.33833
Level breakThat price is one of today's key levels — this is when price last closed on the other side of it.
Jul 21
Jumped 1.10% in one bar
Price moveA genuinely large move for this market, not just a large-looking percentage — it moved 2.2× its typical daily range (0.49%).
Jul 15
Closed above 1.34517
Level breakThat price is one of today's key levels — this is when price last closed on the other side of it.
Jul 15
Closed above 1.34751
Level breakThat price is one of today's key levels — this is when price last closed on the other side of it.
Jul 15
Showing the 20 most recent of 22 events in this window.
Summary
Technical indicators
Computed from 90 bars over the last 3 months.
1.34787 / 1.34831
The 20-period average has crossed below the 50-period average — sellers have had the upper hand and rallies have been sold into.
33.5
At 33 momentum is in the normal band — neither stretched nor exhausted, so RSI is not arguing for a reversal in either direction.
-0.00350
MACD sits below its signal line — short-term momentum has rolled over relative to the medium-term trend, which typically precedes or confirms a pullback.
Not published
The data source for British Pound / US Dollar publishes prices but not traded volume, so there is no participation figure to read. That is a gap in the data, not a quiet market — treat any conclusion that would depend on volume as unsupported here.
0.00501 (0.37%)
The market has been moving about 0.00501 per bar, or 0.37% of price. This is the number position sizing and stop placement should be built around — a stop tighter than this will be hit by ordinary noise.
Two ways this could go
Both paths are shown with equal weight. Neither is a prediction.
Potential bullish scenario
- Trigger
- A daily close above 1.34517 on above-average volume
- If it fires
- 1.34751 as the next area where sellers have previously stepped in
- Invalidation
- A move back below 1.33833 would void this idea
If buyers can absorb the supply sitting at 1.34517 and hold above it into a close, the path of least resistance opens toward 1.34751. This would be counter-trend, so it needs stronger confirmation than usual — a single spike through the level is not enough. Given the market is moving roughly 0.00501 per bar, allow at least that much room before treating a wick through the level as a real breakout.
Potential bearish scenario
- Trigger
- Losing 1.33833 and failing to reclaim it
- If it fires
- 1.33324, the next level where buyers previously defended
- Invalidation
- Reclaiming 1.34517 would void this idea
If 1.33833 gives way and the market cannot recover it quickly, the next obvious area of interest is 1.33324. This aligns with the prevailing trend, which makes it the higher-probability of the two paths here. With volatility contained, expect the move to develop over several bars rather than in one impulse.
Trading risks
- This analysis reads price history. It cannot anticipate news, and markets reprice on news faster than any indicator updates.
- Central bank speakers can reprice the whole curve in seconds, and FX gaps over weekends.
- Leverage is typically highest in FX, so ordinary moves produce outsized account impact.
Key events to watch
- Central bank rate decisions and the accompanying statement language
- Monthly inflation (CPI) and employment releases for both currencies in the pair
- Scheduled speeches from voting policy committee members
What actually drives British Pound / US Dollar: Bank of England policy, UK inflation prints, risk sentiment.
Latest market news
Dollar slips as eurozone PMIs beat expectations
30-second summary
Composite PMI for the bloc came in above consensus, with the services component driving the beat and manufacturing stabilising just under the expansion line. The euro rallied through the session high on the release.
Bank of England splits three ways on the policy path
30-second summary
The rate decision passed with an unusually fragmented vote, including one dissent for a cut and one for a hold with hawkish guidance. Sterling round-tripped the move within the hour.
This analysis is educational and should not be considered financial advice. It is generated from historical price data and can be wrong. Markets reprice on news faster than any indicator updates. Never risk money you cannot afford to lose.
Generated Sep 18, 10:46 PM · Live market data from Twelve Data.