GBPHUF (British Pound vs Hungarian Forint). Exchange rate and online charts.
Currency converter
28 Mar 2025 23:59
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Closing price, the previous day.
Opening price.
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Price range high in the last week
Price range low in the last week
The GBP/HUF currency pair is not popular on Forex. The U.S. dollar has a great effect on GBP/HUF as the currency pair represents the cross rate against the greenback. Thus, by merging the GBP/USD and USD/HUF price charts, it is possible to plot the GBP/HUF price chart.
The U.S. dollar has a significant influence on both currencies. Hence, economic data on the discount rate, GDP, unemployment, new created workplaces and many others from the USA is very important for correct prediction of the currency pair movements. However, Is necessary to note that discussed currencies could respond with different speed on changes in the U.S. economy, therefore, GBPHUF currency pair may be a specific indicator of change at these currencies.
Hungary has huge foreign reserves, that is why the country's economy is highly dependent on those organizations and countries that operate within its territory.
Hungary is an advanced industrial country of Central Europe. Hungarian economy is primarily based on engineering, metallurgy, and chemical industries. Moreover, it has a very developed agricultural sector, including gardening and wine-making industries. Most of the country's products are exported abroad. International tourism positively contributes to the country's economy. Millions of foreigners visit Hungary annually, as they attracted by the nature, long-standing traditions, and architecture. Hungary's main trading partners are the EU countries and Russia. When trading GBP/HUF, pay attention to the economic indicators of the mentioned above countries.
It is necessary to remember that brokers, as a rule, set a higher spread on the crosses than major currency pairs. So, before you start working with the cross rates, familiarize yourself with the terms and conditions offered by the broker on the specified trading instrument.
See Also
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- Technical analysis / Video analytics
Forex forecast 28/03/2025: EUR/USD, GBP/USD, USD/JPY, Oil and Bitcoin
Technical analysis of EUR/USD, GBP/USD, USD/JPY, Oil and BitcoinAuthor: Sebastian Seliga
00:24 2025-03-29 UTC+2
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- Technical analysis
Trading Signals for GOLD (XAU/USD) for March 28-31, 2025: sell below $3,078 (technical correction - 21 SMA)
Important support is located around the 21 SMA at 3,035. This level coincides with the bottom of the uptrend channel, which could suggest a technical rebound in the coming days.Author: Dimitrios Zappas
15:12 2025-03-28 UTC+2
1978
- The EUR/USD pair rose by 60 basis points over the course of Thursday.
Author: Chin Zhao
20:10 2025-03-28 UTC+2
1888
- Bulls have been attacking for two weeks, but they've run out of steam
Author: Samir Klishi
11:48 2025-03-28 UTC+2
1888
- USDJPY: Simple Trading Tips for Beginner Traders on March 28th (U.S. Session)
Author: Jakub Novak
20:04 2025-03-28 UTC+2
1663
- EUR/USD. Analysis and Forecast
Author: Irina Yanina
11:45 2025-03-28 UTC+2
1633
- The GBP/USD pair rose by 70 basis points on Thursday and added a symbolic 10 points on Friday.
Author: Chin Zhao
20:07 2025-03-28 UTC+2
1603
- As the week comes to an end, the market remains indecisive, with no clear preferences evident. Yesterday, the bulls made some progress, adjusting the prevailing bearish sentiment. To confirm and consolidate the result, they need to overcome the cluster of resistance levels from various timeframes
Author: Evangelos Poulakis
10:09 2025-03-28 UTC+2
1543
- Bears are trying to break through the bulls' defenses
Author: Samir Klishi
11:36 2025-03-28 UTC+2
1543
