GBP/USD (British Pound/U.S. Dollar)
- GBP/USD (British Pound/U.S. Dollar)
- The abbreviation for the British pound and U.S. dollar (GBP/USD) currency pair or cross. The currency pair tells the reader how many U.S. dollars (the quote currency) are needed to purchase one British pound (the base currency).
Trading the GBP/USD currency pair is also known as trading the "Cable".
The value of the GBP/USD pair is quoted as 1 British pound per X U.S. dollars. For example, if the pair is trading at 1.50 it means that it takes 1.5 U.S. dollar to buy 1 British pound.
The GBP/USD is affected by factors that influence the value of the British pound and/or the U.S. dollar in relation to each other and other currencies. For this reason, the interest rate differential between the Bank of England (BoE) and the Federal Reserve (Fed) will affect the value of these currencies when compared to each other. When the Fed intervenes in open market activities to make the U.S. dollar stronger, for example, the value of the GBP/USD cross could decline, due to a strengthening of the U.S. dollar when compared to the British pound.
The GBP/USD tends to have a negative correlation with the USD/CHF and a positive correlation to the EURO/USD currency pairs. This is due to the positive correlation of the euro, Swiss franc and the British pound.
Investment dictionary.
Academic.
2012.
Look at other dictionaries:
Валютная пара GBP/USD — (Британский Фунт/Доллар США) Валютная пара GBP/USD это отношение Британского фунта стерлингов к доллару США Понятие валютной пары GBP/USD, валюты и история, графики и котировки, особенности прогноза Содержание >>>>>>>>>> … Энциклопедия инвестора
Pound sterling — GBP redirects here. For other uses, see GBP (disambiguation). Pound sterling Peuns sterling (Cornish) Punt steirling (Irish) Punt Sostynagh … Wikipedia
USD/CHF (U.S. Dollar/Swiss Franc) — The abbreviation for the U.S. dollar and Swiss franc (USD/CHF) pair or cross for the currencies of the United States (USD) and Switzerland (CHF). The currency pair shows how many Swiss francs (the quote currency) are needed to purchase one U.S.… … Investment dictionary
United States dollar — USD redirects here. For other uses, see USD (disambiguation). United States dollar … Wikipedia
Australian dollar — AUD redirects here. For other uses, see Aud (disambiguation). Australian dollar … Wikipedia
New Zealand dollar — Tāra o Aotearoa (Māori) ISO 4217 code NZD User(s) New Zealand … Wikipedia
East Caribbean dollar — 2002 1 dollar coin ISO 4217 code XCD User(s) … Wikipedia
Cayman Islands dollar — Kyd redirects here. For the playwright Thomas Kyd, see Thomas Kyd. Cayman Islands dollar 1992 25 cent coin … Wikipedia
Namibian dollar — 10, 50 cents, N$1, N$5 ISO 4217 code NAD … Wikipedia
Zimbabwean dollar — Infobox Currency image 1 = 1 Zimbabwe Dollar 2008.jpg image title 1 = The new (third) $1, equivalent to 10,000,000,000 second dollars. iso code = ZWD using countries = Zimbabwe inflation rate = 231,000,000% ( official, July 08 ) 2,000,000,000,000 … Wikipedia