United Kingdom Pound / United States Dollar
GBPUSD
1.36411
USD
0.01
(0.54%)
Market Open
Yesterday
1.35677
Open
1.35684
Days's Range
1.35610 - 1.36433
Strategic Pips
1 day ago
Ahmed khalil
15 hours ago
Ahmed khalil
1 week ago
sara abdelazim
2 weeks ago
sara abdelazim
1 week ago
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News
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Market Roundup: What Happened Yesterday and What Awaits Us Today (April 28)
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Market Roundup: What Happened Yesterday and What Awaits Us Today (April 27)
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Dollar Holds Firm as Geopolitics and Yields Support Safe-Haven Demand
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Market Summary: What happened yesterday and what awaits us today, April 22:
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Market Summary: What happened yesterday and what awaits us today, April 20:
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Tech Surge Powers Wall Street to Fresh Records as Markets Shrug Off Geopolitics
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Crypto Slides Below $2.5T as US Naval Blockade Shakes Risk Markets
Within knowledgeable circles, the GBP/USD currency pair is known as the “Cable.” The name is derived from the state of trade in the 1800s that saw the transatlantic telegraph service revolutionize international communications. The earliest FOREX traders would relay messages between New York and London via a physical cable that stretched along the ocean floor between the two nations. These two currencies are some of the most actively traded and have formed the cornerstone of global FOREX trading since the very beginning. The narrow bid-ask spreads, volume and volatility all contribute to why trading GBP/USD is popular. The US is the world's biggest economy, and the UK is the fifth biggest, making the GBP/USD rate one of the most reliable ways to trade on international economic activity.