GBP/NOK: live price, payout and trading hours

On Sky Trade, GBP/NOK is an OTC-only instrument: the price is generated by Sky Trade's server around the clock and has no connection to the real pound–Norwegian krone market. The section below explains the real pair as background.

In the real world GBP/NOK shows how many Norwegian kroner one British pound buys: 14.00 would mean 1 GBP = 14.00 NOK. A pip is 0.0001, and the pair is displayed with four decimals. The two countries face each other across the North Sea and both produce oil and gas there, but energy matters far more to Norway's economy and currency than to Britain's. The krone, managed by Norges Bank, tends to follow oil prices and global risk mood; the pound, managed by the Bank of England, follows UK inflation, wages, growth and politics. The real cross is thinly traded compared with the majors, and its moves can be abrupt. Its most active time is the European session, when both Oslo and London are open.

GBP/NOK OTC is driven by none of this. Sky Trade's model produces a new tick every 0.5 seconds; each move is as likely to be up as down, and there is no drift built in for or against the trader. Studying Bank of England calendars or Brent crude will not help you read it.