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These are some common nicknames in several trading rooms...
"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
Slang used among forex traders referring to the exchange rate between the U.S. dollar and the British pound sterling.
The origins of this term are attributed to the fact that in the 1800s, the dollar/pound sterling exchange rate was transmitted via transatlantic cable.
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