Forex News  Apr 21  Comment 
The Great Britain pound fell today after the release of disappointing retail sales data for March. Britain’s retail sales fell 1.8% in March from February. Forecasts promised a much smaller drop by 0.3%. The sterling slipped following...
Forex News  Apr 20  Comment 
The GBP/USD currency pair today maintained the significant gains made after the announcement of snap elections by British Prime Minister Theresa May. The results of a poll conducted by YouGov on behalf of the Times Newspaper indicated...
Clusterstock  Apr 19  Comment 
LONDON — The British pound has had a quiet day on Wednesday as investors and traders take stock following Parliament's decision to call a general election to be held on June 8. By 4.00 p.m. BST (11.00 a.m. ET) on Wednesday sterling has moved...
Forex News  Apr 5  Comment 
The UK service sector surprised analysts by growing much faster than they have anticipated. That helped the Great Britain pound to gain on its most-traded peers during the Wednesday’s trading session. The seasonally adjusted Markit/CIPS...
MarketWatch  Apr 5  Comment 
Pound jumps to $1.2488 after U.K. services activity rises more than expected
Forex News  Apr 4  Comment 
The GBP/USD currency pair declined for the second day in a row after the release of the Markit/CIPS UK construction PMI, which did not meet expectations. The currency pair was also affected by the stronger US dollar given the massive...
Forex News  Mar 28  Comment 
The GBP/USD currency pair declined significantly today after the release of positive advance goods trade balance and consumer confidence data from the US docket. The currency pair was also affected by the weaker British pound as markets...


The GBP/USD currency pair specifies how many U.S. Dollars are needed to purchase 1 British Pound. In other words, the value of this currency pair is quoted as 1 British Pound per x U.S. Dollars.

Trading the GBP/USD currency pair is also known as trading the "cable".

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