GBP/USD
British Pound / US Dollar
Understanding British Pound / US Dollar
GBP/USD — known as 'Cable' — is the most important pair for UK-based traders. It measures the strength of Sterling against the world's reserve currency and is one of the most volatile major pairs in the forex market. The pair is particularly reactive to BoE policy decisions, UK inflation data and broader risk sentiment.
Cable's volatility and the London session dynamic make it a primary instrument for UK day traders. It regularly produces clean sweep-and-reverse setups around session highs and lows.
Live GBP/USD Chart
Market Sentiment
Aggregated signals across multiple timeframes — powered by TradingView.
What Moves GBP/USD
Best Trading Window
London open (07:00–09:30 GMT) and NY overlap (13:00–17:00 GMT)
Economic Calendar
Key upcoming macro events affecting GBP/USD
How We Teach GBP/USD
GBP/USD is the flagship pair for Drawdown's UK-focused curriculum. Pete trades Cable personally and it features in live session breakdowns throughout Phases 2, 3 and 4.
Structured Learning
Follow the Drawdown curriculum from Phase 1. No skipping ahead.
Live Chart Examples
Every lesson uses TradingView. You'll be familiar with the platform from day one.
Risk-First Approach
You won't touch GBP/USD in the curriculum until your risk framework is solid.
Related Markets
Learn to Trade GBP/USD Properly
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Risk Disclaimer: Trading GBP/USD carries significant risk. This page is for educational purposes only and does not constitute financial advice.