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 – MXN. The GBP/MXN chart is the British pound/Mexican peso currency pair. It shows how much the GBP is worth when measured against the MXN. The GBP/MXN is an exotic currency pair that is not traded so often as the majors, but still enjoys popularity. The British pound, also called “Sterling” or “Cable” is the 4th most traded currency in the world. Mexican peso is the most popular currency in Latin America and is issued by the Bank of Mexico. Follow the GBP/MXN 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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