Cable.

[Justin Vaughan]

In the context of the forex market, the exchange rate between the US dollar and the British pound sterling. Because it is the norm in forex for most major currencies to be quoted against the US dollar on a regular basis, cable is a commonly used term. Cable can also be used to refer simply to the British pound sterling. If you are wanting to join forex market then start your trade with TryMarkets.

[ForexMartTrader]

The various currencies in the forex market has come to be known by by some alias. Almost every major currency pair traded in the forex market has a nickname.  The cable refers to GBPUSD, euro refers to ERRUSD, loonie refers to USDCAD, suisse refers to USDCHF.

[Bill Lawry]

Only professional traders will understand what cable means. Cable is term. A term that is used for the British pound vs us dollar pair which means GBP/USD pair. It actually refers to the Atlantic Cable laid under the Atlantic Ocean in 1850. This enable telegraphed messages with currency prices between London and New York exchanges. I learned so many facts about forex from my broker AAFX. If you really want to trade peacefully with proper knowledge this is the right broker.

[sakura]

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