Trading time (UK time) 10:00 PM Sunday - 10:00 PM Friday
* Only if Margin Level > 100%
The spreads provided are a reflection of the time-weighted average from 09:00AM - 21:00 PM (GMT) for the period of 01/8/2019 – 25/8/2019. Though TNXTrade 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 forex trading conditions. TNXTrade has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.
The GBP/PLN currency combination is heavily influenced by two major European countries: the United Kingdom and Poland. Fluctuations in value between the two regions, often parallel each other, due to the shared and close political, financial and commercial ties between these nations and the Eurozone as well. The low trading volume of this pair makes it more prone to volatility and unpredictability than the most traded combinations, yet it can still make an ideal middling risk investment for those who is looking to expand the trading portfolio.
If we examine the British economy by sectors, on the first place unexpectedly would be not the services, as usually happens in highly developed countries, but industry with 54% of GDP. So, services and national trade with only 45% of GDP are on the second place for now. For the agriculture there is no more than 1% of GDP. Keep it in mind alayzing the GBP/PLN chart.
If you are interested in trading the GBP/PLN currency pair, contact TNXTrade today and open trading account in several minutes.
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