GBP/USD
View indicative pricing and leverage information for GBP/USD.
GBP/USD price chart
GBP/USD market insights
Pivot points are a technical indicator that traders use to predict upcoming areas of technical significance, such as support and resistance. They're calculated by averaging the high, low and closing prices of a previous period. That could be a day, a week or a month.
If a market is trading above its previous pivot point (known as P), it is seen as a bullish signal. If it is below, it is bearish.
Support and resistance levels are a core part of technical analysis, providing crucial insight into possible future price reversals.
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GBP/USD overview
GBP/USD is the ticker for the British pound against the US dollar in the forex market. It gives traders the current exchange rate between the two currencies, showing how many US dollars are needed to buy a single British pound.
GBP/USD is one of the oldest traded currency pairs, set up in 1866. It’s often known as ‘Cable’ in reference to the transatlantic cable that once transmitted information between the London and New York exchanges.
By volume, GBP/USD is the third most traded currency pair in the world according to the Triennial Central Bank Survey 2019 – accounting for 9.6% of global FX trading.
| Margin from | 5.0 % |
| Min trade size | 1 |
| Long | -5789.21 |
| Short | -3843.69 |
| Min stop distance | 0.0 Points |
| Guaranteed order minimum | 8 Points |
Spreads
| Spreads from | 0.00011 Points |
Margins
| 0 - 4,500 | 5.0 % |
| 4,500 - 6,000 | 7.0 % |
| 6,000 + | 10.0 % |
Dealing
| Spreads from | 0.00011 Points |
Margins
| 0 - 4,500 | 5.0 % |
| 4,500 - 6,000 | 7.0 % |
| 6,000 + | 10.0 % |
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