British pound vs US dollar — third-most-traded pair, nicknamed 'Cable'.
Volatile and headline-sensitive. Driven by BoE-Fed differentials, UK CPI/GDP, and post-Brexit trade dynamics.
The first transatlantic telegraph cable carried GBP/USD quotes between London and New York in 1858.
Smaller economy than EUR/USD, more sensitive to UK politics and BoE surprises. Daily ranges are commonly wider.
08:00–10:00 GMT (London open) and 13:30–15:00 GMT (US data) — back-to-back volatility.