GBP/USD exchange rate (GBPUSD) — live chart
Follow the live British Pound / US Dollar price and chart, check the contract specifications and see what moves GBPUSD.
Chart and quote are a third-party TradingView feed for information only and can differ slightly from Xellion's MT5 prices.
About British Pound / US Dollar
GBP/USD is the exchange rate between the British pound and the US dollar. The price shows how many US dollars one British pound buys: when GBPUSD rises, the British pound is strengthening against the US dollar; when it falls, it is weakening. Traders often call it "Cable".
GBP/USD is one of the major currency pairs, all of which are quoted against the US dollar and are generally among the most liquid in the market. The British pound is one of the oldest currencies still in use and is traded heavily in London, the largest forex centre. The US dollar is the world's main reserve currency and sits on one side of most foreign-exchange trades.
On Xellion's MT5 platform GBPUSD is traded as a CFD, so you can go long or short without exchanging either currency. One standard lot is 100,000 British pounds, and one pip is 0.0001.
What moves the price
- The gap between interest rates set by the Bank of England and the Federal Reserve, and expectations for where they go next
- UK inflation, wage and jobs data
- UK budget announcements and political news
- US inflation (CPI) and jobs reports such as Non-Farm Payrolls
- US Treasury yields
- Trade flows and major economic releases from the United Kingdom and the United States
| Symbol | GBPUSD |
|---|---|
| Contract size | 100,000 GBP |
| Leverage | Up to 1:2000 |
| Trading hours | 24 hours a day, Monday to Friday |
Live spreads and swaps are shown in MT5. Exact session times are in the MT5 contract specification; leverage depends on your account and country.
GBPUSD questions
What does the GBPUSD price mean?
It is the number of US dollars needed to buy one British pound. A rising price means the British pound is gaining against the US dollar; a falling price means it is losing ground.
When is GBPUSD most active?
GBPUSD trades around the clock on weekdays, but it is usually busiest during the London and New York sessions, and especially in the hours when the two sessions overlap. The forex market hours tool shows those sessions in your local time.
How much is one pip worth on GBPUSD?
A pip on GBPUSD is 0.0001. On one standard lot of 100,000 British pounds that is 10 USD per pip, converted into your account currency. The pip calculator works it out for any lot size.
How much margin do I need for one lot of GBPUSD?
Margin is the position value divided by your leverage. One lot is 100,000 British pounds, so at 1:500 you need 200 GBP and at 1:100 you need 1,000 GBP, converted into your account currency. Leverage up to 1:2000 is available depending on your account; the margin calculator gives the exact figure.
Risk warning: 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. Charts and prices on this page come from TradingView for information only and are not investment advice. Risk disclosure