Cable is a slang term used by Forex traders to refer to the British pound vs US dollar exchange rate. The term dates back to the mid-19th century when the GBP/USD exchange rate was transmitted across the Atlantic Ocean using a large cable that ran across the ocean floor between the United Kingdom and the United States. The British pound / U.S. dollar currency pair is one of the oldest and most widely-traded currency pairs in the world. The term cable is a slang term used by forex traders to refer to the exchange ... Clearly, the cable (GBP/USD) remains one of the favourites. Therefore, forex traders will do well to understand the internal dynamics that drive bullish and bearish positions on this currency pair. Olsson Capital analyst, Hamish Cornwell has advocated for a greater understanding of the internal and external factors that drive currency pairs ... GBP/USD has started the week with considerable losses. In Monday’s European session, the pair is trading at 1.2830, down 0.68%. Brexit tensions could weigh on pound It has been a wild ride for ... Cable Breakout Forex Trading System is a combination of Metatrader 4 (MT4) indicator(s) and template. The essence of this forex system is to transform the accumulated history data and trading signals.
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