The GBP/USD currency pair is most often known as by the name "the cable". The origins of this term date back to when the pair was first established via using the communication cable under the ocean to settle on the quote between London and NY.
This week features a number of important reports and announcements from the EU, Australia, Japan, China and Canada. Check out the details in this article. Read more >>
The GBP/USD pair fell on Thursday, and even went below the 1.57 level for a time. The USD/CAD pair rose, and then fell on Thursday - forming a shooting star at the bottom of the recent run. Play video >>
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