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Great British Pound / U.S. Dollar

Nicknamed “Cable,” GBP/USD is the third most traded currency pair in the world, behind EUR/USD and USD/JPY. Helping trading in the pair is natural economic activity by the two countries, which trade and invest more heavily with one another than nearly anyone else.

Watch our video primer for what you need to know to successfully get started trading GBP/USD.

Real-Time Trading Snapshot

With Brexit looming, the British Pound is more volatile than normal. In the first six months of 2018, the price traded in a 13-cent range, a roughly 10% move. As the date for Brexit moves closer to the January 2019 date when EU and British parliaments must ratify the Brexit treaty, it’s hard to imagine this price will not be more and more volatile.

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