This tradition commenced at the Royal Military College in 1932. However, when the slouch hat is worn ceremonially, for example on ANZAC Day, it is worn in accordance with the wider Army custom-brim up and chinstrap buckle on the left hand side.
The pound sterling (symbol: Â£; ISO code: GBP [Great Britain Pound]), commonly known as the pound, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha.
The currency that is used as the reference is called the counter currency, quote currency or terms currency and the currency that is quoted in relation is called the base currency or transaction currency.f a EUR/USD position is closed out with a profit in USD by a British bank, then the rate-to-base will be expressed as a GBP/USD rate. This ambiguity leads many market participants to use the expressions currency 1 (CCY1) and currency 2 (CCY2), where one unit of CCY1 equals the quoted number of units of CCY2.