The Rune symbolizes friendship and partnership. The horse (picture of the rune) as a partner of the human is being mentioned within the rune poem.

Magic Powers

Helps at shamanic journeys and OOBE
Recognition of the unity of body and mind
Gives confidence and loyalty
Increases quickness in general
Furtherance of cooperation
Ensure escaping ways
Increases sensuality and directness
Amulets against immobility, restricting attacks
Talisman for unity, loyalty and trustworthiness

Healing Powers

Sphere of influence: back-aching and general problems of the spine.
Furtherance of mobility, harmonizes symbiotic processes of body and mind

Meaning in Divination (according to B. King)

Social status, personal status, a message from the gods. During casting the rune confirms the surrounding runes.

Numerical Meaning

Sol and Luna, transmission