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Why is GBPUSD referred to as Cable?

Updated: 11/19/2022
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Q: Why is GBPUSD referred to as Cable?
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Related questions

What is the nickname of GBPUSD?

The GBPUSD pairing is known by traders as the cable, which has its origins from the time when a communications cable under the Atlantic Ocean synchronized the GBPUSD quote between the London and New York markets.Furthermore, cable is used as a slang term in the forex market for the name of British Pound Sterling.---Cable is indeed correct for GBP/USD. Most pairs have nicknames. EUR/USD is nicknamed fiber.


If the GBPUSD exchange rate is 1.7596 then how much is one dollar worth?

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An RF (Radio Frequency) input is the technical term for a coaxial/antenna input on the back of a television. This input is often referred to as simply 'cable' or 'cable vision'.


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If you have 1 Billion Pound Sterling how much is it in US Dollars?

Depends on the exchange rate Today, 1 billion GBP = 1.528.285,20 USD Clic here for the actual rate http://finance.yahoo.com/q?s=GBPUSD=X


How much is a 1983 British pound worth in US dollars?

On the 1st of January 1983 the GBPUSD exchange rate was 1.5800 which is not bad considering that the exchange rate is now 1.2540 . Pity I can show you but I have a chart going back to 1953