GBPDKK - British Pound / Danish Krone
Trading Conditions
* Only if Margin Level > 100%
The average spreads provided for each platform are updated on a daily basis to reflect the average for the previous day. Though FxPro attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
The above spreads are applicable under normal trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.
The performance of the GBP/DKK currency combination is heavily influenced by the correlation of two important European economies: the United Kingdom and Denmark that often parallel each other due to the close and shared economic, political and financial ties to the Eurozone. GBP/DKK will make a neat addition to the portfolios of the traders working with the middle-risk strategies, as well for those who and looking for the instruments to diversify their investments.
Keep in mind that Denmark is the part of the EU but still retains its currency and does not plan to abandon it, only limits cash circulation. Despite the fact that Denmark is poor in mineral resources and occupies a small area with not the most favorable climatic conditions, the country has a highly developed economy and a high standard of living, large sums are invested in high technology and medicine.
If you are interested in trading the GBP/DKK currency pair, contact FxPro today and open trading account in several minutes.