GBP/USD

This currency pair is also known as ‘cable’ owing its name to the undersea cable that transmitted prices between London and New York many years ago

GBP/USD Market Influences

Interest rates play a major role when the idea of evaluating one currency against another comes in to play. The interest rate determines the capacity of earning for a particular currency. Inflation influences the interest rates greatly. If interest rates of a country are rising because of a healthy economic growth that is a positive sign for the currency. It has to be kept in mind that the value of a particular currency always reflects its buying power..

Product Specifications and Information

Product Name GBP/USD
Trading Exchange Spot
Minimum Fluctuation 0.00001
Spread 1.8 pips
Lot Size 100,000
Trading Hours Sunday 21.03 to Friday 20.58 GMT Time
how can we help you?

Contact us at the Easy Way Global support office to get quick help