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GBPUSD British Pound | Data | Chart | Calendar | History | News

The GBPUSD (British Pound/U.S. Dollar) is the abbreviation for the British pound and U.S. dollar (GBP/USD) currency pair or cross. The currency pair tells the reader how many U.S. dollars (the quote currency) are needed to purchase one British pound (the base currency).

Trading the GBPUSD currency pair is also known as trading the “Cable”.

The value of the GBPUSD pair is quoted as 1 British pound per X U.S. dollars. For example, if the pair is trading at 1.50 it means that it takes 1.5 U.S. dollar to buy 1 British pound.

The GBP/USD is affected by factors that influence the value of the British pound and/or the U.S. dollar in relation to each other and other currencies. For this reason, the interest rate differential between the Bank of England (BoE) and the Federal Reserve (Fed) will affect the value of these currencies when compared to each other. When the Fed intervenes in open market activities to make the U.S. dollar stronger, for example, the value of the GBP/USD cross could decline, due to a strengthening of the U.S. dollar when compared to the British pound.

GBPUSD Pound Jumps to 1.25, Markets Eye Autumn

British Pound insight GBPUSD slipping lower jan 9

British Pound insight GBPUSD slipping lower jan 9 Pound trading 0.38% lower against US Dollar The pair witnessed a high of 1.3582 and a low of 1.3508 support level is seen at 1.3477  GBPUSD slipping lower – Industrial production in the United Kingdom increased 3.6 percent year-on-year INSIGHT GBPUSD slipping lower At 10:40 GMT, the pair […]