Trading Specifications
Contract Size
100,000
Min Lot Size
0.01
Max Lot Size
50.00
Lot Step
0.01
Digits
5
Margin
1%
Swap Long
-5.89 pts
Swap Short
-5.65 pts
GBP/USD, commonly known as "Cable," is one of the most liquid and volatile major currency pairs. The nickname dates back to the transatlantic telegraph cable laid in the 19th century to transmit exchange rates between London and New York. Today, it remains the third most traded forex pair globally.
The pair is heavily influenced by Bank of England (BoE) monetary policy, UK economic data (GDP, CPI, employment), and political developments including trade negotiations and fiscal policy. GBP/USD tends to be more volatile than EUR/USD, offering larger intraday moves — particularly during the London session.
At GCC Brokers, GBP/USD is available with full STP execution. Every order is routed directly to liquidity providers with no dealing desk intervention. The pair's volatility and clear trend-following behavior make it popular among both manual and algorithmic traders.
Common Questions
Related Instruments
Tight spreads on Cable with no dealing desk. Every order routed directly to liquidity providers.