About GBP/USD
What moves it
- The British pound side (Bank of England)
- Bank of England rate decisions, UK inflation and wage data, and fiscal or political headlines.
- The US dollar side (Federal Reserve)
- Federal Reserve rate expectations, US inflation and jobs data, and global risk appetite — in stress the dollar is usually bought.
When it is most active
Most active during the London and New York sessions. Volume usually peaks while London and New York are both open.
- London
- New York
See which sessions are open now, in your time zone
Pip value
One pip is 0.0001. On a standard lot of 100,000 GBP, a one-pip move is worth 10 USD. For a US-dollar account that is $10 per pip per standard lot (or $1 per mini lot).
Calculate pip value and position size
Trading notes
- In risk-off periods money tends to flow into the US dollar, so GBP/USD often reacts to stock-market sell-offs.
Educational information only — not a recommendation to trade GBP/USD. Prices and technical summaries come from TradingView and can differ slightly from your broker’s feed.