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GBP stands for Great British Pound, which is the official currency of the United Kingdom. It is often represented by the symbol "£" and is used in England, Scotland, Wales, and Northern Ireland. While GBP may sometimes be colloquially referred to as "pound," it specifically refers to the currency, whereas "pound" can also refer to various units of weight or other currencies in different contexts. Therefore, while they are related, GBP specifically denotes the currency itself.

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1mo ago

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