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If an ounce of gold in the US is (GLDUSD) $1,920 per ounce and the price of an ounce of gold in Great Britain is
If an ounce of gold in the US is (GLDUSD) $1,920 per ounce and the price of an ounce of gold in Great Britain is 1,551 per ounce, what is the exchange rate between the USD and GBP expressed as GBPUSD? (Round to the nearest 4 decimal places.)
Hint: Please use the same concept as for calculating a cross currency rate
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