XMTrading [XM Trading: For Beginners] What is the Pound Index? world’s four major currencies
The Pound Index is an indicator for checking the average and relative strength and weakness of currencies in major chart analysis. The pound is considered one of the world's four major currencies, along with the dollar, yen, and euro. The value of the pound alone is very high, but when trading the pound, you can understand the relative strength of the pound by looking at combinations of other pounds.