CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclosure Statement
The base currency – GBP. The counter currency – HKD. The GBP/HKD chart is the British pound/Hong Kong dollar currency pair. It shows how much the GBP is worth when measured against the HKD. The GBP/HKD is an exotic currency pair that is not traded so often as the majors, but also enjoys popularity among traders. The British pound, also known as “Cable” or “Sterling” is the 4th most traded currency globally. The Hong Kong dollar, the official currency of Hong Kong, is issued under the supervision of the Hong Kong Monetary Authority, the local regulator. Follow the GBP/HKD rate and explore this noteworthy trade vehicle.
Bank of England (BoE) cut rates for the first time in August 2024, with further easing expected in the coming months. But how low are rates likely to go?
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