The British Pound Sterling (GBP) is a major global currency used for trading and investment in financial markets. It is one of the most liquid currencies and is used in a variety of international transactions, including global trade and foreign exchange markets. It is also a popular choice for investors because of its stability and liquidity. GBP is a reserve currency, meaning that central banks and other large financial institutions often hold it as a reserve asset. As a result, GBP provides a safe haven for investors during times of economic uncertainty.