[Forex] 1 GBP/USD 1 British Pound Sterling to US Dollar exchange rate Live chart
We can make more accurate predictions through Multiple time frame analysis (multi-time frame analysis). This method allows us to reduce risk and to increase profits by trading in the same direction as the trend goes.
United Kingdom, British Pound sterling (GBP) : British Pound sterling currency sign (symbol): £. The ISO 4217 code of the British Pound sterling is GBP. GBP is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, Gibraltar, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. The abbreviations "ster." and "stg." are sometimes used and the term "British pound" is sometimes used in less formal contexts, but it is not an official name of the currency. Sterling (GBP) is the fourth most-traded currency in the foreign exchange market (Forex), after the United States dollar (USD), the euro (EUR), and the Japanese yen (JPY). GBP is the fourth most-held reserve currency in global reserves. Central bank is Bank of England and is located in London, UK.