English
Synopsis
GBPUSD is popular and the oldest currency pair in the world, which uses the U.S Dollar to denote the price of 1 pound. The Forex market and the interbank market, was established in 1971 when international trade shifted from a fixed exchange rate to a floating exchange rate. Thereafter, the exchange rate of one currency relative to another is often expressed in an explicit way to express a mutually agreed upon exchange relationship. The trend of GBP and USD is affected by the monetary policy decisions of the Bank of England and the Federal Reserve, which is usually consistent with the trend of EURUSD, and has an inverse relationship with USDCHF, but the three currency pairs are all subject to changes in the European economy. As New York and London are both world-class financial centers, GBPUSD is usually active during trading hours in these two places. The monetary policies of major countries in the world, international balance of payments, policy changes in various countries, relative
Trading Terms
- Contract Size 100000
- Swap Long(Daily) % -0.01078%
- Leverage 100X
- Swap Short (Daily)% -0.00708%
- Minimum Lot Size 0.01
- Spreads 0.00014
- Maximum Lot Size 20.00
- Triple Swap Wednesday
- Maximum Position 100.00
- Trading Session
Real-time Trading Strategies
Economic Calendar
GMT+8
Currency
Crucial
Events
Previous Value
Forecast
Actual
Crucial
12:50
BoE MPC Member Mann Speech
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A: -
F: -
P: -
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174.869
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163.580
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2.07630
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1.85450
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1.10626
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2.25107
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193.433
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