GBP/USD (Pound / Dollar)
The pound against the dollar, known as Cable.
What is GBP/USD
GBP/USD is the exchange rate between the British pound and the US dollar. It is one of the oldest and most traded pairs, nicknamed "Cable" after the transatlantic telegraph line once used to transmit its price.
It reflects the contrast between the Bank of England and the US Federal Reserve, and tends to be more volatile than EUR/USD, with larger swings.
Cable is popular with active traders who want bigger moves than the calmest majors offer.
- Type
- Major pair
- Base
- British pound (GBP)
- Quote
- US dollar (USD)
- Hours
- ~24/5
- Most active
- London / New York
Technical view
A live read of momentum and trend across timeframes.
Aggregated technical indicators, shown for information only. Not investment advice.
What moves GBP/USD
Central bank policy
The gap between Bank of England and Fed rates drives the pair.
UK economic data
British inflation, jobs and growth shift the pound.
Risk sentiment
The dollar side strengthens when markets turn cautious.
UK politics
Budgets, elections and policy can move sterling sharply.
How to trade it on Chasse
You never place an order. Deploy a Chasse strategy and it trades this market for you, automatically, with a stop-loss and take-profit on every position. Which strategies you can run depends on your tier.
Live market data. Chasse is currently a simulated demo; trading results shown elsewhere are illustrative and not guaranteed.
GBP/USD, answered
What is GBP/USD?
The exchange rate between the British pound and the US dollar, nicknamed "Cable".
What moves GBP/USD?
Bank of England versus Fed policy, UK economic data, risk sentiment, and British politics.
Can I trade GBP/USD on Chasse?
Yes, GBP/USD is among the currency pairs our strategies trade automatically. Chasse is currently a simulated demo.
When does it trade?
Forex runs nearly 24 hours a day, five days a week, so a strategy can act around the clock on weekdays.
How much do I need to start?
From $100. Forex sits alongside the other markets our strategies trade across the tiers.