GBP/USD forex ticker chart tells traders how many US Dollars are needed to buy a British Pound. The GBP/USD (or Pound Dollar) currency pair belongs to the group of ‘Majors’, a way to mention the most important pairs in the world. The GBP/USD is one of the oldest and most widely traded currency pairs in the world.
GBP/USD is one of the four most liquid currencies in the Forex arena and one of the reasons is the highly developed capital market. While 60% of the volume of foreign exchange are made via London, the GBP/USD is not the most traded currency. But the good reputation of the monetary policy of Great Britain and a high interest rate for a long time contributed to the popularity of this currency in the financial world.