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|Product Type: Currencies||Market: Global|
|Trading Hours: 24 hours, Mon-Fri.|
British pound sterling (GBP) to the United States dollar (USD) foreign exchange parity is one of the most heavily traded and closely watched in the market. GBP/USD represents the number of British pounds that are needed to buy one US dollar. Among the factors most prone to affect it are the global and strategic market involvement of the US and the UK, as well as the unique relations between the two countries - the former is considered the world's largest economy in the world, the later being Europe's leading financial center and a key player in the foreign exchange market.