GBP/USD · The Cable

GBPUSD Trading Platform: trade the Cable with the best conditions

The GBP/USD currency pair, historically nicknamed "The Cable", represents the exchange rate between the British pound sterling and the US dollar. One of the most traded major currency pairs in the world, it is particularly popular with market operators for its significant daily volatility. To navigate this complex market effectively, RaiseFX provides investors with institutional-grade execution infrastructure. Our ECN/STP (Electronic Communication Network / Straight Through Processing) trading environment has been designed to eliminate conflicts of interest: by connecting you directly to deep liquidity pools, we guarantee interbank spreads and optimal execution speed, crucial advantages when trading a currency as reactive as the pound sterling. Risk warning: leveraged trading on the foreign exchange (Forex) market carries a significant risk of capital loss; the volatility of pairs such as GBP/USD can cause rapid and unexpected price fluctuations. The detailed information below is strictly descriptive and should not be interpreted as investment advice or an inducement to trade financial instruments.

Open a trading account
How to open your account and trade GBP/USD in 3 steps?

To let you seize foreign exchange market opportunities without delay, we have developed a smooth and secure registration process.

01

Sign up: create your RaiseFX account

The first step is to fill out our secure registration form. Creating your user profile and accessing your management portal takes less than two minutes.

02

Verify: confirm your identity

In compliance with anti-money-laundering directives (KYC), you are asked to provide a digital copy of an ID document and a proof of address. This verification protects your account and ensures the processing of your future withdrawals.

03

Start trading: place your orders on the Cable

Fund your trading account via our various banking or crypto solutions. Then open the platform MetaTrader 5 (MT5), analyse the GBP/USD price flows, adjust your position size and place your order on the market.

Check our live spreads on the major pairs

Execution cost is the most impactful variable for a high-frequency trading strategy. Take a look at our real-time pricing on the world's leading pairs.

AssetSymbolLive average spreadTrade
British Pound / DollarGBP/USD
à partir de 0.0 pip
Trade GBP/USD
Euro / DollarEUR/USD
Ultra-serré
Discover how to trade EUR/USD
Dollar / YenUSD/JPY
Compétitif
View JPY spreads
The RaiseFX technology advantage on the GBP/USD pair

The pound sterling is prone to abrupt swings, particularly during economic releases in the United Kingdom. Here's why our offering meets the demands of this pair:

Execution without requotes

During macroeconomic announcements, the GBP/USD price can shift by several tens of pips in a single second. Our low-latency servers ensure execution at the requested price (or at the best price available on the market) in under 30 milliseconds, drastically reducing slippage.

"Raw" spreads from 0.0 pip

Unlike so-called "Market Maker" brokers that artificially widen their spreads, our model gives you access to the raw prices of the interbank market.

Dynamic leverage

For eligible profiles, we offer leverage of up to 1:500, allowing you to optimise margin allocation while retaining great investment flexibility.

A regulated environment (FSCA)

Trading the currency market with large volumes requires absolute trust in your financial intermediary. Regulated by the Financial Sector Conduct Authority (FSCA), RaiseFX complies with the strictest international standards, guarantees the segregation of its clients' capital and submits to regular audits to ensure total transparency.

Full FAQ : everything you need to know about trading GBP/USD (The Cable)

We have compiled the answers to the most frequently asked questions about the specifics of trading the pound sterling against the dollar.

GBP/USD is the quote that expresses the value of the pound sterling (GBP) against the US dollar (USD). It indicates how many dollars are needed to buy one pound. Historically, this pair is nicknamed "the Cable" in reference to the transatlantic telegraph cable laid in the mid-19th century, which allowed quotes to be synchronised between the London and New York stock exchanges.

The Cable's volatility is explained by London's status as a major financial centre combined with the economic weight of the United States. In addition, the pound sterling is highly sensitive to British political events (historically Brexit, elections) and to domestic economic data. This nervousness attracts active traders because it offers wider price ranges than EUR/USD.

The Bank of England (BoE) is the institution that sets the United Kingdom's monetary policy. When it announces a rise in its benchmark interest rates, this generally attracts foreign capital in search of better yields, which tends to appreciate the pound sterling and therefore push GBP/USD higher. Conversely, a rate cut or pessimistic economic outlook will tend to push the price down. These announcements are the most unstable moments for the pair.

Although Forex is open continuously 24/5, liquidity and volatility on GBP/USD reach their peak during the London session (from 09:00 to 17:30, Paris time) and are particularly at their height during the overlap with the New York session open (between 14:00 and 17:30). It is during this window that spreads are generally at their tightest.

RaiseFX offers an ECN environment that makes it possible to display extremely low raw spreads. Under normal market conditions, the spread on GBP/USD starts at 0.0 pip on our accounts dedicated to professional traders, subject to a fixed commission per lot traded. This guarantees a total execution cost among the most competitive in the industry.

Yes, without any restriction. Scalping, which involves opening and closing many positions within seconds or minutes to capture small price movements (a few pips), demands perfect execution. Our No Requote infrastructure and our reduced spreads make our platform an optimal environment for this type of high-frequency strategy.

Beyond the deposit security guaranteed by the segregation of funds, choosing South African regulation (FSCA) offers a major advantage for the investor compared with European brokers: the flexibility of leverage. While Europe caps leverage at 1:30 on major currencies for retail clients, the FSCA allows leverage of up to 1:500 to be offered, thereby restoring greater investment capacity to traders while operating within a legally verified framework.
Institutional conditions for your currency trades

Trading the GBP/USD pair requires technology that does not buckle under the pressure of volatility. With its direct-to-market execution and transparent approach to costs, RaiseFX puts professional-grade tools within reach of every investor.

Open a trading account