GBP (British Pound Sterling)

The British Pound Sterling (GBP) is the official currency of the United Kingdom, including England, Scotland, Wales, and Northern Ireland. It is one of the oldest currencies still in use today and is commonly symbolized as £. The pound is divided into 100 smaller units called pence. It serves as the primary medium for buying goods and services, as well as for international trade and investment. The value of the GBP fluctuates based on economic factors, interest rates, and global financial markets. It’s a key indicator of the UK’s economic health and stability.