GBP/USD Chart
British Pound / US Dollar - One of the major currency pairs
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About GBP/USD
GBP/USD, also known as "Cable," represents the exchange rate between the British Pound and the US Dollar. It's one of the oldest currency pairs in the world, with the nickname "Cable" dating back to the 19th century when exchange rates were transmitted between London and New York via transatlantic cable.
This pair is influenced by the economic policies of the Bank of England and the US Federal Reserve, as well as political developments in both countries. Brexit-related news has been a significant driver of GBP/USD volatility in recent years.
GBP/USD is known for its liquidity and relatively high volatility compared to other major currency pairs, making it popular among traders looking for price movement opportunities.
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