Question: Using the Internet or another source of public information, determine and list the typical bid/ask spread of the U.S. dollar / British pound (USD/GBP) exchange

Using the Internet or another source of public information, determine and list the typical bid/ask spread of the U.S. dollar / British pound (USD/GBP) exchange rate (i.e., the pound quoted in USD).

Given the closing price of this exchange rate on 4/2/21, what was the size of this bid/ask spread in percentage terms?

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As of September 2021 the typical bidask spread of the USDGBP exchange rate is around ... View full answer

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