Currency pair GBPSEK is the representative of exotic trading instruments and shows the relation of the British national currency to the Swedish krona. The rate of currency pair GBPSEK shows the total quantity of the Swedish krona taken for a unit of the British pound sterling. The trading instrument doesn't enjoy popularity at traders, and the greatest trading activity shows in working hours of the European session.
High economic level of Sweden is caused by the developed industry and rich inventories of natural minerals. Sweden is one of the largest suppliers of iron, wood, steel and production of a machine-building industry. The country conducts a vigorous external trading activity that allowed it to outstrip much more on the economic development of the neighbors, including Denmark, Finland and Norway.
The rate of the GBPSEK trading instrument is influenced by the export level, a geopolitical situation in the EU, and also fundamental factors of the main trading partners of Sweden. Market of energy carriers also has an essential impact on this currency pair. Oil prices and gas can influence the chart GBPSEK considerably.