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RISK WARNING:

Trading of complex financial products, such as Stocks, Futures, Foreign Exchange (‘Forex’), Contracts for Difference (‘CFDs’), Indices, Options, or other financial derivatives, on ‘margin’ carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any of these markets you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full ‘General Risk Disclosure’ and ‘Risk Disclosures for Financial Instruments & Investment Services’.

Great Britain Pound vs US Dollar (GBPUSD)

About

GBPUSD

The GBPUSD is the abbreviation for the British pound and U.S. dollar currency pair popularly known as the cable. It is one of the oldest traded currency pairs used to tell how many U.S. dollars are needed to buy one British pound. It is a highly traded currency pair (4th on the forex markets) also viewed as one of the most liquid and cash rich pairs to be traded against the U.S. dollar. As a result of its high liquidity, the currency pair allows traders to take advantage of price movements and variations. The GBPUSD is affected by external factors that influence an individual currency value, hence fluctuates according to the degree of difference in interest rates set by the Bank of England and the Federal Reserve (Fed).

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