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£ Pound £

The Great British Pound, pound sterling, pound, also called greenback, is the currency in the United Kingdom, Jersey, Guernsey, Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is also a fiat money, where the value is derived from government regulation set forth by the Monetary Policy Committee, supply & demand, trade sentiment on the foreign exchange market, and financial stability based on employment situation, inflation/deflation, and imports/exports. The central bank is the Bank of England and issues its legal tender through the Royal Mint. GBP is the 4th most traded currency in the forex market.

Bank of England

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