GBPUSD (GREAT BRITAIN POUND VS US DOLLAR)

Fast Facts

GBP/USD represents the exchange rate between the British pound (GBP) and the US dollar (USD), commonly referred to as “Cable.”
It is one of the most traded currency pairs in the world, known for its liquidity and volatility.
The GBP/USD pair is heavily influenced by economic data from both the UK and the US, such as interest rates and GDP growth.
Historically, GBP/USD has been a major indicator of the relative strength of the two largest economies in the Western world.
The exchange rate of GBP/USD can be impacted by political events like Brexit, affecting the strength of the pound relative to the dollar.