CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 85.24% 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.
The base currency – GBP. The counter currency – NOK. The GBP/NOK chart is the British pound/ Norwegian krone currency pair. It shows how much the GBP is worth when measured against the NOK. The GBP/NOK is an exotic currency pair that is not traded so often as the majors, but also enjoys popularity among traders. The British pound, often called “Cable” or “Sterling” is the 4th most traded currency globally. The Norwegian krone is a prominent currency in the European trades. The value of NOK in comparison with other currencies significantly depends on oil prices and interest rates. Follow the GBP/NOK rate and explore this noteworthy trade vehicle.
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