// HOW-TO GUIDE
15 min READ
How to Trade GBP/USD (The Cable)
GBP/USD, known as "The Cable", is one of the most volatile and liquid pairs in the world. It is a favorite for UK traders but requires a deep understanding of both UK and US economic data.
01
Monitor the 7 AM GMT Data
UK economic data (inflation, employment) is released at 7 AM GMT. This often sets the tone for the London session.
02
Watch the "London-NY" Overlap
Between 1 PM and 4 PM GMT, GBP/USD sees its highest volume and most significant moves.
Common Mistakes to Avoid
- /Trading during the Asian session (low liquidity)
- /Ignoring BOE (Bank of England) interest rate decisions
The Drawdown Way
Our Markets section provides real-time sentiment analysis for GBP/USD based on institutional flows.
Questions & Answers.
Why is it called "The Cable"?
It refers to the physical telegraph cable that was laid across the Atlantic in the 19th century to synchronize exchange rates between London and New York.
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