The British Pound Sterling (GBP) is a major reserve currency used in the global financial markets. It is a popular currency for international investors looking to diversify their portfolios and take advantage of more favourable exchange rates. As one of the world's oldest and most established currencies, the GBP is a trusted tool for investors and has traditionally been seen as a safe-haven asset, providing stability and security in times of economic uncertainty. Consequently, the GBP is an important asset for many investors, allowing them to take advantage of arbitrage opportunities, hedge against currency fluctuations, and diversify their portfolios.