GBP/USD
a.k.a. Cable, Pound dollar
The British pound against the US dollar: how many dollars one pound buys.
In plain English
The British pound against the US dollar: how many dollars one pound buys. Nicknamed 'Cable'.
GBP/USD is one of the oldest and most traded major pairs. At 1.2700, one pound buys $1.27.
It is known as cable and tends to move more sharply than EUR/USD, especially around Bank of England decisions and UK politics.
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