Before the invention of the radio, the only possibility of “fast” communication between and was through a transatlantic telegraph cable that ran along the bottom of the Atlantic Ocean. This telegraph connection started to operate in 1867 and transmitted the actual via Morse code. Thus, the GBP/USDWhat is the "Cable"? GBP/USD is a currency pair consistin... More became known as the cable.
Today, the Cable is still very relevant — it is the third most traded currency pair in the world behind the and the .
Other currency pairA currency pair is the price of one currency in relation t... More nicknames:
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