One of the most popular currency pairs on Forex - British pound against the U.S. dollar and short GBP / USD. This means that by buying a pound, we pay a certain amount of dollars and vice versa.

In terms of trade in the pound-dollar pair takes 3rd place in the global foreign exchange market (about 12% of total turnover). This pair is also called "cable". Because the pound is very volantilen and unpredictable movements of the currency pair, as a rule, short-term and unstable. Spread - 3 points.

The amplitude of daily fluctuations - roughly within 130 points. Low liquidity can be observed mainly during the Asian session (30 points). Many speculators prefer the pair EUR / USD. Although the pound is often repeated movements euro, but not always. When out news about the British pound is the movement GBP / USD changes dramatically. For example, changing the interest rate by the Central Bank of England, etc.

In general, the pound is moving parallel to the euro and Swiss franc. It is important to remember that the pound is inadequate, often opposite, reacts to the news on the "cable". That is why it is not recommended for beginners to start trading with a pair GBP / USD.

Britain - a country where there is a formal monarchy with its own parliament and laws that differ from the majority of the eurozone and the U.S.. Perhaps that is why the currency pair and manifests itself outside the box.

Another important point - a couple of GBP / USD, many traders like to swap a positive good. Of course, everything depends on the dealing center. But if you look, the skillful use of strategies Carry Trade gives very good results.
Happy trading!

This currency pair - a storm of new traders. It has caused thousands of lost deposits. It has a very high volatility and is known for its unpredictability. Sometimes the market changes it may reach 5% (approximately 500 points). In trader language called as "cable". His name was not accidental. Long ago, when the quotes transmitted by telephone, on the bottom of the ocean between North America and Great Britain stretched the cable connecting them. Since then, for the currency pair GBP / USD and the name of the cable was secured.

If we consider the motion of a currency pair, we can conclude that she had much in common with the pair EUR / USD. In most cases, these currency pairs move in one direction. At the rise and fall together. Of course, this is not a fact, and there may be exceptions. One of the currency can not move anywhere, but the other will perform a landmark ups. And it is very rare currency GBP / USD and EUR / USD are fragmented. This would involve a large volume of operations on a pair of cross-rate - EUR / GBP. Either it will be too many sales or purchases.

With the pound should always be careful, since it is unknown what a surprise it will present once again. "Cable" often goes against the news, even when everything seems to be good for the currency rate can fall.

Therefore, I recommend especially beginners will never relax, capitalizing on this currency pair. And if it is forecasting an impossible task for you - just change a couple. Thus, once again you save your deposit is safe and sound.