EURUSD 1.1697 USDJPY 111.40 USDCAD 1.2483 EURCZK 26.028 USDCZK 22.247 EURPLN 4.2541 USDPLN 3.6367
EURUSD 1.1697 USDJPY 111.40 USDCAD 1.2483 EURCZK 26.028 USDCZK 22.247 EURPLN 4.2541 USDPLN 3.6367

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The GBPUSD market importance is closely related to the fact that the UK is the intermediary for offshore transactions

GBPUSD
Bid / Ask: 1.31446 / 1.31468
Price change: 0.01234 (0.95%)
Opening price: 1.30212
Maximum price: 1.31581
Minimum price: 1.29984
Display period:
Chart type:

Rule of thumb

London generates a major part of the turnover on the GBPUSD market

This currency pair provides information on the price of one British Pound (GBP) in terms of US Dollars.

 

The British pound is the fourth most important currency in the world, in terms of  turnover, whereas the GBP/USD market is considered to be the third most traded currency pair on a  global scale, accounting for nearly 10% of the total turnover in the foreign exchange market.

 

The US Dollar serves as both reserve and commodity currency, whereas the British Pound acts as a lead currency for offshore investments and derivatives transactions, such as swaps and forwards. This currency pair is often referred to as “cable”, going back to historical days when transactions were performed through a transatlantic cable underwater. 

Pola oznaczone gwiazdką są wymagane.

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