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FxPro has been providing online trading services to clients since 1999 and it currently serves 173 countries worldwide.
The performance of the GBP/NOK currency combination is majorly impacted by the correlation between two significant European countries: the United Kingdom and Norway. Like many European currencies, fluctuations in value between the two regions often parallel one another. The low trading volume of GBP/NOK makes it more prone to volatility and sudden fluctuations than the four majors but it can still make an ideal investment for those looking for middling risk pairings to help diversify their portfolios.
Due to the cold climate and the barren soils of Norway, there is practically no agriculture in the country. That’s why it has remained one of the poorest and least developed. However, the progress and change of priorities in the world radically changed the situation in the second half of the 20th century, when it turned out that the Norwegian sea shelf was rich in oil.
If you are interested in trading the GBP/NOK currency pair, contact FxPro today and open trading account in several minutes.
client accounts
FxPro has been providing online trading services to clients since 1999 and it currently serves 173 countries worldwide.
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