Asset

Pound sterling / Honduran lempira

GBPHNL
forex
$30.51
stockPerformance $0.32 (1.06%)
Updated: 18 Jan, 3:14 pm UTC
No Trading Data Available
Description
The British Pound Sterling (GBP) is the main currency used in the United Kingdom and is a major international reserve currency. It is also a major trading currency in the financial markets and is used in foreign exchange, derivatives, and commodities markets. Investing in the GBP can be a safe way to hedge against currency volatility. The GBP can also provide investors with an opportunity to take advantage of the fact that it is traditionally a safe haven currency, meaning it tends to appreciate in times of economic uncertainty. Additionally, by investing in the GBP it can provide investors with access to large, liquid markets, allowing them to take advantage of potential opportunities.