Currency pair GBP / USD

This currency pair - all storm beginners. It has caused thousands of lost deposits. It has a very high volatility and is known for its unpredictability. Sometimes it changes to the market could reach 5% (approximately 500 points). At the traders' language names like "cable". His name was not accidental. Years ago, when the quotes were transmitted by telephone, on the bottom of the ocean between North America and Great Britain stretched cable connecting them. Since then, the currency pair GBP / USD and the title was secured cable.

If we consider the nature of the movement of the currency pair, you can come to the conclusion that she had much in common with the pair EUR / USD. In most cases these currency pairs move in one direction. However, rising and falling together. Of course, this is not a fact and can be exceptions. One of the currencies could not move anywhere, but the other will perform ground-breaking highs. And very rarely currency GBP / USD and EUR / USD are scattered. This would involve a large volume of transactions on a pair of cross-rate - EUR / GBP. Or on it will be too many sales or purchases.

In the pound should always be careful, because we do not know what a surprise it will present once again. "Cable" often goes against the news, even when all seemed to be good for the currency rate can fall.

Therefore, I recommend especially novice traders never relax, capitalizing on this currency pair. And if its prediction for you impossible task - just change a couple. That way you once again save his deposit intact.