The GBP/USD, also known as the British Pound/Sterling/US Dollar currency pair, is a widely traded pair in the foreign exchange market (Forex). It represents the exchange rate between the British Pound (GBP), the official currency of the United Kingdom, and the US Dollar (USD), the official currency of the United States. The GBP/USD rate is closely monitored by traders and investors as it reflects economic conditions and geopolitical developments in both the UK and the US. Movements in the GBP/USD rate can impact international trade, investments, and financial markets, making it a key pair for those involved in Forex trading and global finance.