Markets.com Logo

GBPBIF

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    3957.1624$
  • Previous Close
    3988.4302$
  • 52 Week Change
    --
  • Day Range
    -31.27$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

GBPBIF.FOREX represents the British Pound Sterling (GBP) against an index, likely a basket of currencies reflecting the performance of the broader market rather than a single currency pair like GBP/USD or GBP/EUR. This financial product offers exposure to the relative strength of the GBP compared to this specific index, allowing investors to speculate on or hedge against the GBP's overall value in the global currency market. Trading in GBPBIF.FOREX is subject to typical forex market conditions, including volatility influenced by economic data releases, geopolitical events, and shifts in monetary policy affecting the UK and the economies represented in the underlying index.

Central Banks' Gold Reserves Surpass US Treasuries: A Real Turning Point?

Noah Lee|--

Apple's iPhone 17 Launch: Price Hikes and What to Expect

Ava Grace|--

Tom Lee Doubles Down: Bitcoin Could Hit $200K by Year-End

Noah Lee|--

Silver Leasing Rates Surge Amid US Tariff Concerns

Noah Lee|--

Fed Rate Cut Debate: Inflation vs. Recession Risks

Ava Grace|--

US Stock Market Surges, China Concept Stocks Rise, 36Kr Soars

Liam James|--
VOO Is Up Today: What’s Going on with Vanguard S&P 500 ETF?

VOO Is Up Today: What’s Going on with Vanguard S&P 500 ETF?

Frances Wang|--

Factors

Economic Data: UK & Biafra economic reports like GDP, inflation influence GBP. Nigerian economic stability affects Biafran currency.

Interest Rates: Bank of England & Biafran central bank rate decisions impact currency attractiveness.

Political Stability: Political events in both regions affect investor confidence.

Commodity Prices: Nigeria's oil revenue affects BIF value.

Market Sentiment: Global risk appetite influences currency flows.

People Also Watch

Latest news

US Employment Data Revision: Expectations, Political Fallout, and Economic Impacts

Ava Grace|--

Euro Eyes $1.20 as Fed-ECB Divergence Fuels Optimism

Liam James|--

Macron's Potential Prime Minister Choices: An In-Depth Analysis

Ava Grace|--

Latest Education Articles

Is XRP/USD A Good Investment: How to Trade XRP CFDs?

Is XRP/USD A Good Investment: How to Trade XRP CFDs?

Ghko B|--
Active Index CFDs: US100 index CFD, Europe 50 CFD, Nikkei 225 CFD

Active Index CFDs: US100 index CFD, Europe 50 CFD, Nikkei 225 CFD

Frances Wang|--
Is Cardano A Good Buy: How to Trade Cardano Price (ADA/USD) CFDs?

Is Cardano A Good Buy: How to Trade Cardano Price (ADA/USD) CFDs?

Ghko B|--