The nickname of the British pound or the GBP/USD ratio. It came to life because trading between New York and London used to be conducted via the Transatlantic cable.
IMPORTANT: Please be informed, that our services are available for Professional Clients only. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.