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Markets/
Forex/
gbpdkk

GBP/DKK

GBPDKK

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8.728

+0.024+0.28%

Discussions

TradingKey Chart

Time

15m

30m

Today

+0.28%

5 Days

-0.23%

1 Month

-0.71%

6 Months

+2.15%

Year to Date

+1.97%

1 Year

+0.95%

Key Data Points

Opening Price

8.699

Previous Closing Price

8.704

Price Range of the Day

8.6958.730

52-Week Price Range

8.4238.841

Indicators

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The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

15m

30m

15m

D

Neutral

Sell(4)

Neutral(5)

Buy(4)

Indicators

Sell(1)

Neutral(5)

Buy(1)

Indicators

Value

Direction

MACD(12,26,9)

-0.005

Neutral

RSI(14)

49.174

Neutral

STOCH(KDJ)(9,3,3)

41.098

Neutral

ATR(14)

0.026

High Vlolatility

CCI(14)

-67.480

Neutral

Williams %R

49.925

Neutral

TRIX(12,20)

-0.003

Sell

StochRSI(14)

68.529

Buy

Moving Average

Sell(3)

Neutral(0)

Buy(3)

Indicators

Value

Direction

MA5

8.730

Sell

MA10

8.735

Sell

MA20

8.730

Sell

MA50

8.720

Buy

MA100

8.669

Buy

MA200

8.620

Buy

More Details of GBP/DKK

The GBP/DKK currency pair represents the exchange rate between the British Pound (GBP) and the Danish Krone (DKK). This pair is particularly interesting for traders and investors as it reflects the economic relationship between the United Kingdom and Denmark. The Danish economy is known for its stability and strong financial system, and the Krone is often viewed as a safe currency. The GBP/DKK exchange rate is influenced by various factors, including economic indicators, central bank policies, and political developments in both countries.

Can I use leverage when trading GBP/DKK?

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Yes, many forex brokers offer leverage for trading GBP/DKK, allowing traders to control larger positions with less capital, although this also increases risk.

What time of day is best for trading GBP/DKK?

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The best times to trade GBP/DKK are during the London session, particularly when it overlaps with the New York session, as market activity is usually higher.

Is GBP/DKK a volatile currency pair?

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GBP/DKK can experience volatility, particularly during major economic announcements or changes in market sentiment regarding the UK or Danish economies.