What is cable in forex trading

Cable closes back in on a test of the 1.20 level Mar 18, 2020 · Cable is now down to a low of 1.2021 on the day and is looking towards another test of the 1.2000 level. The low yesterday touched 1.2001 before bouncing back a little. Cable Definition | Forex Glossary by BabyPips.com

Forex Trading Courses. Want to get in-depth lessons and instructional videos from Forex trading experts? Register for free at FX Academy, the first online interactive trading academy that offers courses on Technical Analysis, Trading Basics, Risk Management and more prepared exclusively by … GBP/USD: Cable Bounces After Challenge of Three-Month Lows GBP/USD Talking Points: - GBP/USD set fresh lows shortly after this week’s open; but sellers pulled up shy of the October swing-low at 1.2694, and just below that is the yearly low at 1.2662 Forex Trading for beginners | FXTM EU What is forex trading? Forex trading is the act of buying or selling currencies. Banks, central banks, corporations, institutional investors and individual traders exchange foreign currency for a variety of reasons, including balancing the markets, facilitating international trade and tourism, or making a profit. Forex Trading - 1,184 Photos - Website

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Definition of "Cable" in Forex Trading Definition of: Cable in Forex Trading Forex slang for the Pound / U.S. Dollar (GBP/USD) currency pair. The term "cable" comes from the time when New York and London used to update their GBP/USD rates through cablegram. Forex Currency Pair Nicknames: Cable and Fiber? | Vantage FX Wait, what? I thought we were talking forex trading over here? Although It may seem strange at first, these are actually nicknames for different forex currency pairs! Let’s take a look at the two forex currency pair nicknames that get used the most, Cable and Fiber.

Traders of cross currency pairs typically experience less liquid trading conditions and GBP/USD – this pair is often called “Cable” in many forex dealing rooms.

Amazon.com: Forex Trading Using Volume Price Analysis ... Nov 28, 2018 · In this book, you will discover how to apply volume price analysis to your own forex trading, regardless of whether you are a scalper or longer-term swing or trend trader. Through over 100 worked chart examples, with annotations, you will learn how to read the market for yourself and anticipate where the market is going next. Top 14 Currency Nicknames – The Secret Handshake of ... GBP/USD currency pair is called the cable since there was a cable under the Atlantic ocean linking UK with USA which was used to synchronize British pound with U.S. dollar by a telegraph. The cable was laid in 1858 and made it possible to transmit currency prices from London’s to New York’s trading desks.

Forex Daily Recap - Cable Shoots on New Prime Minister Hopes

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Mar 17, 2020 GBP/USD: Cable to 1.20 as US Prepares 'Helicopter Money'. By Currencylive. com is a news site only and not a currency trading platform.

Forex Currency Pair Nicknames: Cable and Fiber? | Vantage FX Wait, what? I thought we were talking forex trading over here? Although It may seem strange at first, these are actually nicknames for different forex currency pairs! Let’s take a look at the two forex currency pair nicknames that get used the most, Cable and Fiber. GBP/USD Forex Trading Interesting facts. GBP/USD, also known by its nickname cable, represents the amount of USD that can be purchased with one British pound. GBP was pegged to the US dollar in 1940 and became part of the Bretton Woods system which governed post-war exchange rates, and with the collapse of the system the pound became free-floating in 1971. Trading the Cable swings via averages - Page 2 @ Forex Factory

Jul 8, 2019 Cable is a term used among forex traders referring to the exchange rate between the U.S. dollar (USD) and the British pound sterling (GBP). Forex slang for the Pound / U.S. Dollar (GBP/USD) currency pair. The term "cable " comes from the time when New York and London used to update their GBP/ USD