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Instrument Name GBP/USD
Spreads 0.000089 Points
|0 - 48000000||3.33 %|
|48000000 +||20.00 %|
Trading Hours 24 hours/day*
Guaranteed Order Min Distance 0.50 %
The sterling/dollar currency pair is one of the most actively traded currency pairs in the forex market. The GBP / USD price responds to all key forex signals, such as changes in interest rates, domestic economic growth, the strength of the labour market and house price performance, in both US and UK economies. The GBP / USD live price operates like a seesaw, if one currency goes up, the other goes down, depending on which of the economies is expanding or shrinking. The GBP / USD live price reacts to major news from the Bank of England and the US Federal Reserve, be it interest rate decisions or strong views held by rate-setting members.
Why trade Forex?
FX markets are open 24 hours a day meaning greater flexibility and access
Forex can be volatile and is the world's most heavily traded market
Prices are driven by central banks, interest rates and geopolitical events
High liquidity means you can trade Major FX pairs from 0.5 points
Trade on falling markets (going short) as well as rising markets
Trade on desktop, close on mobile, our accounts work on multiple devices