GBPUSD

GBP/USD, also known as “Cable,” represents the exchange rate between the British pound and the U.S. dollar. It is one of the most liquid and actively traded currency pairs in the forex market. The pair is influenced by interest rate decisions from the Bank of England (BoE) and the Federal Reserve (Fed), economic data releases, inflation reports, and geopolitical developments. GBP/USD tends to be most volatile during the London and New York trading sessions, when market liquidity is at its peak. Traders closely watch UK and U.S. economic performance to anticipate price movements and trading opportunities.