Instrument description

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.

Market sentiment

See if traders are currently sellers or buyers of each market

Instrument specification

Nominal Value of one Lot
GBP 100 000
Size of one PIP
0.0001
Minimum Quotation in Step (in points)
0.00001
Minimum/Maximum Order Size in Lots
0.01, max 50
Minimum Transaction Step in Lots
0.01
Trading Hours
24h from Sunday 11:00 pm to Friday 10:00 pm

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