What is Forex Cable
Today I explain what is the Cable in Forex .
In the currency exchange market, FOREX said, the term denotes the change Cable sterling "GPS" with the U.S. Dollar "USD".
This terminology derives from the middle of 1800 when the odds pound - U.S. dollar were transmitted by technology "transatlantic cable".
In the forex market you will hear from investors and brokers say the following phrases:
"The cable is up today"
"The cable has-been trending lower lately"
In English terminology "cable dealers" are defined as the brokers of the Forex market
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