The Cable Correlations in the Global Market
“The Cable” currency pair: What is it? The GBPUSD currency pair is commonly referred to as “Cable,” a nickname rooted in its historical connection to the 19th century. During this period, transactions involving the British pound and the US dollar were conducted through the transatlantic cable. GBPUSD, considered a major currency pair, features the Great […]
Navigating GBP to USD Trading Strategies in Forex
GBP to USD Forex Trading: A Comprehensive Guide to Success When it comes to Forex trading, the GBP to USD currency pair, often referred to as “Cable,” holds a prominent position. Comprising the British Pound (GBP) and the United States Dollar (USD), this pairing represents two economic powerhouses. In this guide, we’ll unravel the dynamics […]