Definition of Cable
Slang term for the GBP/USD currency pair. The name originates from the transatlantic telegraph cable used to transmit exchange rates between London and New York in the 19th century.
At a glance
Term
Cable
URL slug
cable
Category
Pricing & quotes
Short answer
Slang term for the GBP/USD currency pair.
Deep dives
Full A–Z glossary
Example
Apply the definition: restate “Cable” in one sentence tied to your next trade (symbol, direction, size, stop). If you cannot, re-read the definition above.
Common mistake
Common mistake: using “Cable” as loose slang while your broker/platform specification defines it more narrowly.
Professional tip
Tip: bookmark this “Cable” page and reopen it when reading broker specs so definitions stay consistent.
Practice tools:
Related terms
FAQ
Slang term for the GBP/USD currency pair.
Knowing the precise definition of “Cable” prevents platform and broker-spec mistakes—a common source of size and cost errors.
Common mistake: using “Cable” as loose slang while your broker/platform specification defines it more narrowly.