Spread represents the difference between ASK price and BID price. Leveraged Product Rollover adjustment consists of the difference in price between expiring contract and new contract as well as the spread of the leveraged product. Swap is the overnight interest credited to or debited from an account where positions are held overnight. For further information, please refer to our Frequently Asked Questions page.
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About Gbp Try and Gbp Try Trading
What type of currency pair is GBP/TRY?
The GBP/TRY is an exotic currency pair, as it consists of a major currency (GBP – the British Pound) and an emerging currency (TRY– the Turkish Lira).
The Turkish Lira is the quote currency, and the British Pound is the base currency. The GBP/TRY currency pair shows traders how much the GBP is worth when compared to the TRY.
Drivers for the GBP/TRY currency pair
The GBP/TRY pair is affected by major factors such as supply and demand, interest rates, political stability, and economic growth.
How can you trade the GBP/TRY currency pair?
At CAPEX.com you can follow the GBP/TRY live chart to trade on the price movements of this currency pair through CFDs. If you think that prices will go up, you can open a long position (BUY). If you think prices will decrease, you can open a short position (SELL).
When can you trade the GBP/TRY pair?
Here at CAPEX.com you can trade the GBP/TRY pair from Sunday to Friday, between 21:05-20:55 GMT. If you cannot trade at those hours, you can always pick another currency pair, as we have more than 55 FX pairs available.