Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

The vast majority of retail client accounts lose money when trading CFDs.

You should consider whether you can afford to take the high risk of losing your money.

Important Notice - Fraud awareness
Important Notice - Scam alert
The vast majority of retail client accounts lose money when trading CFDs.
Important Notice - Fraud awareness
Important Notice - Scam alert
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Important Notice - Fraud awareness
Important Notice - Scam alert
The vast majority of retail investor accounts lose money when trading CFDs / Spread betting with this provider.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail investor accounts lose money when trading CFDs / Spread betting with this provider. You should consider whether you understand how CFDs / Spread betting work and whether you can afford to take the high risk of losing your money.
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Why trade GBP USD with ATFX?

  • Icon_Low_Spreads
    Competitive Spreads

    Enjoy competitive spreads on EURUSD and GBPUSD.

  • icon_24_clock
    24/5 Forex Trading

    24 hours a day, 5 days a week. Flexible Long/Short trading.

  • Icon_CurrencyPairs
    Trade 40+ Currency Pairs

    We enable our traders to implement their own trading strategies based on 44 forex trading currency pairs, with localised expert support available 24/5.

  • icon_zero_commision
    Zero Commission

    Tight, competitive spreads – meaning you pay less to open a position.

FAQ

What is GBP USD?

It is the exchange rate between the British Pound and the US Dollar.

What currency is worth more than GBP USD?

The Norwegian Krone is the world’s strongest currency.

What financial instrument mirrors GBP USD currency?

GBP SGD (GBP vs. Singaporean dollar) has a high correlation to GBP USD.

What will happen to GBP USD?

This depends on where interest rates, inflation, and economic growth is the highest, as it stands in late 2021, it looks like the GBP USD rate trends lower as the US economy outperforms the UK.

What currency is correlated to GBP USD?

The GBP SGD, USD CNH, and USD CZK.

What time does GBP USD open?

Trading in GBP USD starts with most brokers on Sundays at 17:00 EST (New York time) and ends on Friday’s at 17:00 EST.

What is a GBP USD trade signal?

That is a signal (indication) to buy or sell the GBP USD. Signals are usually issued by independent traders via social media.

Where is GBP USD going?

It depends on the relative performance of the UK vs. US economies.

What is the highest GBP USD exchange rate?

In the 1930s the GBP USD rate reached briefly above 5 dollars per pound. But since then the exchange rate has declined as the influence of the UK economy and the country as a superpower has declined. Instead, the USA has risen as a superpower.

How to calculate position size for GBP USD?

You would need to multiply your lot size with the exchange rate. There are three typical lot sizes: 1000 units, 10,000 units, and 100,000 units.

What is GBP USD COT?

COT stands for “Commitments of Traders” and it is a weekly report showing how traders of GBP USD futures are positioned.

GBP USD vs Gold

This is the GBP USD exchange rate vs. the price of gold.

How to calculate GBP USD pip profit?

Say that GBP USD trades from 1.1510 to 1.1511 then you have made one pip in profit. If you bought 10,000 GBP vs. the USD at the above-mentioned prices then you would have made 1 USD, because 10,000 x 1.1511 = 11511, and 10,000 x 1.1510 = 11510, and $11511 - $11510 = 1 USD.

When does the GBP USD Forex trading market open and close?

They open Sundays at 17:00 EST and close on Friday’s at 17:00 EST.

What is the best time and month to trade GBP USD?

To be able to make money trading GBP USD we need to have market volatility, this means that there are price movements. Traditionally, summers will be quiet as traders are on holiday so avoid June, July, and August if you would like to avoid months with low market volatility.