What is British Pound/U.S. Dollar (GBPUSD)?
British Pound/U.S. Dollar (GBPUSD) is a forex pair traded on FXCM, quoting how many U.S. dollars are needed to buy one British pound. Often nicknamed "cable," it is one of the world's most heavily traded currency pairs, reflecting the economic relationship between the United Kingdom and the United States. As a major, highly liquid market, it draws traders around the clock across global sessions. On TradeSearcher, GBPUSD is backed by extensive research, with over 4,800 backtests run on price data going all the way back to 1971, giving strategies more than five decades of market history to test against.