British Pound / US Dollar · Major · live quote updated every 5 seconds
GBP/USD, nicknamed cable, is one of the most actively traded majors and tends to move with more energy than EUR/USD. It reflects the balance between the Bank of England and the Federal Reserve, so UK inflation, wage growth, employment and GDP data, alongside gilt yields and US releases, are the primary catalysts. UK political and fiscal headlines can inject sharp volatility. The pair is most liquid through the London session and the London/New York overlap, roughly 12:00-16:00 UTC, where its wider ranges reward level-based trading. Use ForexR to track the live cable rate, lean on daily pivot points for support and resistance, size stops with ATR, and read momentum across the multi-timeframe chart before you commit. When you are ready to act, KCM Trade offers regulated access.
Relative Bank of England and Federal Reserve policy leads, so UK inflation, jobs and GDP data, gilt yields and US releases drive it. UK political and fiscal news can add sharp volatility.
Cable is most active during the London session and the London/New York overlap, roughly 12:00-16:00 UTC, when liquidity is deepest and ranges widen.
The nickname dates to the 19th-century transatlantic telegraph cable that transmitted the sterling-dollar exchange rate between London and New York.
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