Also known in England as the Pound Sterling.
A common mistake is the thought that the Euro is used with England which is nto the case. Some shops will accept the Euro but it is not a common happenstance.
GBP= Great British Pound
Each Pound is made of 100 pence much like the american dollar is made of 100 pennies.
The current coins are: 1 penny, 2 pence , 5 pence, 10 pence, 20 pence, 50 pence, 1 pound, and 2 pounds
The current bank notes/dollars (paper currency) are: The 5 pound note, the 10 pound note , the 20 pound note and the 50 pound note.