Quote:
Originally Posted by N8s
would you give me a brief on "the cable"? I'm newer to forex and have seen that term used a lot. Is it a trading style, a certain session/pair or what.
Thanks!
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Cable refers to the GBP. A nickname it earned in the 1800's when a transatlantic cable transmitted the currency rates between the London and New York exchanges.
Babypips school has a list of all the currency nicknames
here.