One of the oldest and most popular currency pairings in the world is the British Pound (GBP) vs the United States Dollar (USD). Also known as ‘cable’, its nickname comes from the first transatlantic cable that was laid across the floor of the Atlantic ocean for the United States and Great Britain to communicate with one another. Traders should note that GBP/USD tends to have a negative correlation with USD/CHF and a positive correlation with EUR/USD pairs. This is due to the positive correlation of the euro, Swiss franc and the British pound. View the latest trading activity, as well as client sentiment and news and analysis for this currency pair.
See if traders are currently sellers or buyers of each market
14:30, 21 June
The pound is the strongest major currency following the Bank of England meeting after chief economist Andy Haldane decided to enter a rate hike camp for...
12:14, 10 May
The Bank of England did not change policy parameters on Thursday but it changed its outlook, especially for inflation. The Bank sees inflation path only...
10:59, 27 April
GBP is by far the weakest G10 currency today after a disappointing GDP print for the first quarter. The British economy grew just by 0.1% q/q over the...
Trading CFDs on a leveraged basis involves significant risk of loss to your capital. They may not be suitable for everyone, so please ensure you fully understand all of the risks.
Trading CFDs on a leveraged basis involves significant risk of loss to your capital. Please ensure you fully understand all of the risks.
Trading CFDs involves significant risk of loss to your capital