Live chart for GBPUSD. Analyse the price action using the chart's 100+ technical indicators and 50+ drawings tools.
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The GBPUSD currency pair is one of the largest and most commonly traded currency crosses on the forex market. The pair is often referred to as the "cable," in reference to the transatlantic telegraph wires connecting London and New York. The GBPUSD represents almost 15% of the total daily volume of transactions in forex. With such a formidable volume, GBP/USD is a definitive benchmark by which exchange rate valuations are measured globally. The pair represents two economies: British and American. After the result of the Brexit referendum, this pair has been suffering some turbulence due to risk related with the abandonment process from the European Union. The GBPUSD belongs to the group of 'Majors', which stands for the most important pairs in the world. Other currency pairs in this group are: EUR/USD, USD/JPY, AUD/USD, USD/CHF, NZD/USD and USD/CAD.