GBPUSD

GBPUSD • Forex

Current Price: 1.36753

About British Pound - U.S. Dollar

GBPUSD, often referred to as “The Cable”, a foreign exchange term used to describe the British pound vs the US dollar, is one of the oldest traded currency pairs. In July of ۱۸۶۶, after an earlier failed attempt, the first reliable exchange rate between the British pound and the US dollar was transmitted between the London and New York Exchanges. Optic fibre cables accompanied by satellites handle the Transatlantic communications today.

How is GBPUSD exchange rate calculated?
The value of the GBPUSD pair is quoted as ۱ GBP per x USD. For example, if the pair is trading at ۱.۵۰, it means it takes ۱.۵ USD to buy ۱ GBP.

What is GBPUSD volatility?
The term volatility describes the risk related to the changes in an asset's value. GBPUSD has the volatility rating of ۱.۰۳%. Track all currencies' changes with our live Forex Heat-map and prepare for markets volatility.

What kind of pair GBPUSD?
GBPUSD is a major currency pair, i.e. a popular currency paired with USD.