Abbreviation for the currency pair or cross, of the Great British pound (GBP), and the United States dollar (USD). The currency pair shows how many US dollars (the quote currency) are needed to buy one pound (the base currency). Traders who trade the GBP/USD currency pair also refer to it as trading the “cable”. The value of the GBP/USD pair is quoted as 1 pound equates to x U.S. dollars.

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