What is the best broker for GBP/USD trading?
Exness and Axi offer the lowest GBP/USD spreads from 0.0 pips on raw accounts. Their ECN execution is ideal for the volatility typical of cable.
When is GBP/USD most active?
GBP/USD is most volatile during the London session (8am–5pm GMT). The London/New York overlap (12pm–4pm GMT) sees the highest volume and tightest spreads.
How does the Bank of England affect GBP/USD?
BOE interest rate decisions and inflation reports are the primary drivers of GBP/USD. Hawkish BOE policy (rate hikes) tends to strengthen GBP, while dovish policy weakens it.