GBP/SEK

GBP/SEK

Charts by TradingView

Pricing is indicative. Past performance is not a reliable indicator of future results. Log in to see latest markets data.

GREAT BRITAIN POUND/ SWEDISH KRONA TRADING

The United Kingdom is a top-five trade partner with Sweden. Sweden is considered an export-oriented economy with major industries including iron, telecommunications, steel and paper products. However, in the face of Brexit, GBP/SEK forex pair may become volatile.

History of GBP SEK Trading

The Great British pound (GBP) is the 4th most traded currency in the forex market after the United States dollar, the Euro, and the Japanese yen. Along with those 3 currencies and the Chinese yuan, it forms the basket of currencies which calculate the value of IMF special drawings rights value. The British pound represents the oldest currency in continuous use and it is the official currency of the Sandwich Islands, the Guernsey, Jersey, British Antarctic Territory, the Isle of Man, Tristan da Cunha and the United Kingdom.

The Swedish Krona was produced in 1873 after replacing the riksdaler riksmynt when the Scandinavian Monetary Union was formed. The Swedish Krona (SEK) is the national currency of Sweden, and it is now among the top currencies currently trading in the Foreign Exchange (FX) market.

GBP/SEK Forex Chart
Instrument: GBP/SEK
Spread: floating
Leverage: 1:20
Margin: 5.00%
Minimum Nominal Trade Size: 1000
Overnight Interest (daily) Sell: -40.11%
Overnight Interest (daily) Buy: -15.14%
Trading Hours (GMT): 24/5
MT5 / MT4 Symbol: GBPSEK

Start Trading GBP/SEK
with a Market Leader Today

GBP/SEK Trading FAQs

The Krona, except being the official currency of Sweden, other countries use currencies with the same name. In Norway, the currency unit is known as the krone and also in the Czech Republic, the currency unit is called the koruna. The word krona literally means crown.

6 Reasons to Trade Share CFDs with FP Markets

An Australian-regulated
forex & CFD broker

Go Long or Short

Increase your ability to profit in all market conditions Leverage options up to 20:1

Direct Market Access (DMA) Execution

Real-time, transparent share prices Control, Functionality and deep liquidity Full Market depth & see your orders in the queue

Advanced Platforms
& Technology

MT4, MT5, Webtrader & Iress with superior client portal

24/5 Multilingual
Customer Support

Award winning support & personal account managers

Global Exposure

Low margins and competitive commission +10,000 products on global stocks across 4 continents

Earn Dividends

On long positions No ownership of physical shares necessary

Start Trading
in Minutes

Open an account now

bullet Access 10,000+ financial instruments
bullet Auto open & close positions
bullet News & economic calendar
bullet Technical indicators & charts
bullet Many more tools included

By supplying your email you agree to FP Markets privacy policy and receive future marketing materials from FP Markets. You can unsubscribe at any time.





Get instant Updates in Telegram
Sitemap | © FP Markets 2022