Binary options on GBP / USD
GBP/USD is cable. The pound travels further than the euro on the same expiry, and liquidity is highest in the London session. The payout on the pair is 86%.
Sterling is the currency of the United Kingdom and one of the oldest still in use. Dealers call the dollar rate cable, after the telegraph cable that once carried it across the Atlantic. The Bank of England sets the policy the pound follows.
