GBPNOK price
How GBPNOK moves through the day
Average GBPNOK range in each session as a share of its price, measured on every trading day since 2012.
Average range by session
Busiest hours (UTC)
GBPNOK moves most from 07:00 to 10:00 UTC. The quietest hour starts at 04:00 UTC.
Size a GBPNOK trade
One standard lot of GBPNOK is 100,000 units on most brokers. Check your broker's contract size before you trade.
See your own GBPNOK trades on this chart
Connect your broker once. Every GBPNOK entry and exit lands on the chart, your journal and rules sit beside it, and Edge learns from your trades to show you the one thing to fix next. Then practice it on GBPNOK in the backtester before you trade it live.
GBPNOK questions
GBPNOK is the price of one GBP in NOK. GBP is the base currency and NOK is the quote currency, so the price tells you how many NOK one GBP costs.
Each broker quotes its own bid and ask from its own liquidity providers, so prices can differ a little from broker to broker. The prices here are indicative bid quotes. Spreads also widen around big news and when the market opens.
GBPNOK trades 24 hours a day, five days a week, from 17:00 New York time on Sunday to 17:00 New York time on Friday. It is busiest when London and New York are both open, roughly 12:00 to 16:00 UTC.
On most brokers one standard lot of GBPNOK is 100,000 GBP, so a one pip move (0.0001) is worth 10.00 NOK a lot, and 0.01 lots moves 0.10 NOK a pip. Check your broker's contract size before you trade.
Mostly what traders expect the Bank of England and Norges Bank to do with interest rates, inflation and jobs data from both economies, and how much risk markets want to take.