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GBPISK

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

Analysis and statistics

  • Open
    165.132$
  • Previous Close
    165.765$
  • 52 Week Change
    --
  • Day Range
    -0.63$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

GBPISK.FOREX represents the British Pound Sterling (GBP) against the Icelandic Króna (ISK) in the foreign exchange market. This currency pair indicates how many Icelandic Króna are needed to purchase one British Pound. Forex traders speculate on the fluctuating exchange rate between these two currencies, aiming to profit from the changes based on factors like interest rate differentials, economic performance, and geopolitical events affecting either the UK or Iceland. The value is typically quoted with a bid and ask price reflecting the prices at which traders can sell or buy the currency pair, respectively.
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Factors

Economic Indicators: UK and Iceland GDP growth, inflation, unemployment rates impact relative currency strength.

Interest Rate Differentials: Bank of England and Central Bank of Iceland rate policies influence investor capital flow.

Geopolitical Events: Political stability, trade agreements, and global events affect investor sentiment and currency value.

Market Sentiment: Risk appetite and overall market mood can lead to fluctuations in GBPISK exchange rates.

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