GBPUSDBritish Pound / US Dollar — Live Price & Chart
forexBritish Pound / US Dollar
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Price Chart
Market Stats
- 24h High
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- 24h Low
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- 24h Change
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- Volume
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- Category
- FOREX
- Volatility
- 0.7%
About GBPUSD — British Pound / US Dollar
GBPUSD measures how many units of USD one unit of GBP buys — in other words, the exchange rate of the British pound, which reacts strongly to Bank of England rate decisions, UK inflation, and domestic political news against the US dollar, the world's primary reserve currency, driven by Federal Reserve policy, US inflation and jobs data, and global risk sentiment.
Nicknamed 'cable', it is driven by the Bank of England–Federal Reserve rate differential, UK inflation and wage data, and political headlines. It is livelier than EURUSD, with sharp moves around UK data releases.
British Pound / US Dollar is a currency pair combining the British pound, which reacts strongly to Bank of England rate decisions, UK inflation, and domestic political news with the US dollar, the world's primary reserve currency, driven by Federal Reserve policy, US inflation and jobs data, and global risk sentiment. Forex trades 24 hours a day from the Monday Sydney open to the Friday New York close, with the deepest liquidity during the London–New York overlap. Its moderate daily range suits both day traders and position traders. The pair is followed by retail day traders, bank desks and macro funds alike.
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