GBP/USD

GBP/USD
1.3565 USD
-0.00135 -0.099%
1m
5m
15m
30m
1H
4H
1D
1W
  • Full Name GBP/USD
  • Currency USD
  • Spread Type Floating
  • Margin 2%
  • Min traded quantity 1000
  • Trading hours Sun - Fri 22:05 - 21:00 (UTC)
  • Long position overnight fee -0.0168%
  • Short position overnight fee -0.0092%
  • Overnight fee time 21:00 PM
  • Derivative Type Contract for Difference

GBP/USD

The base currency – GBP. The counter currency – USD. The GBP/ USD rate is the British Pound/US dollar currency pair. It is often referred to as ‘the cable’ and is one of the most frequently traded currency pairs. As one of the majors, the pound to dollar rate sports the most liquidity and the least spread in the forex market. It shares a positive correlation to the EUR/USD currency pair. The key players in the GBP/USD exchange scenario are the Bank of England and the US Federal Reserve System. Additionally, the London City, the London Stock Exchange, and the European Central Bank all influence this currency pair. The extreme liquidity of the Sterling, GB’s stable monetary policy and overall standing in the financial world make it a popular trading choice.
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