Buy price
1.3387
GBP/USD Exchange Rate Today — Live Chart and Analysis
GBP/USD, nicknamed "Cable," is the world's third most traded currency pair - and one of the most actively traded in Nigeria, Ghana, Kenya, Egypt, and across MENA through Commonwealth ties and diaspora remittance flows. The pair moves on the Bank of England versus Fed rate differential, UK economic data, and post-Brexit trade developments.
Sell price
1.3387
GBP/USD chart
Price Performance
1 week
+0.29% +0.29%
+0.29% +0.29%
1 month
+2.21% +2.21%
+2.21% +2.21%
YTD
+2.07% +2.07%
+2.07% +2.07%
Year
+10.75% +10.75%
+10.75% +10.75%
5 years
+45.16% +45.16%
+45.16% +45.16%
Information regarding past performance is not a reliable indicator of future performance.
Analysis
GBP/USD had a strong 2025, rising 6.5% from around 1.25 to finish the year near 1.34 - driven primarily by US dollar weakness rather than pound strength, as the dollar index fell 10% in its worst year since 1979. In January 2026 the pair briefly touched 1.38 before pulling back as the Iran conflict drove safe-haven dollar demand and the BoE held rates cautiously at 3.75%. In Q2 2026, GBP/USD trades in the 1.33–1.36 range. For traders in Nigeria, South Africa, Saudi Arabia, and the Philippines, Cable is particularly relevant: the pound directly affects the value of remittances sent from the UK, and the pair is a standard instrument in forex broker platforms across these markets. UK GDP growth is tracking around 1.2% for 2026 - below the Eurozone average - which limits pound upside. The BoE voted 5-4 to hold rates, signalling a split MPC and uncertainty about the path ahead. Goldman Sachs targets 1.38 by year-end. Key support: 1.2900–1.3100. Key resistance: 1.3600–1.3800.
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GBP/USD
GBPUSD
1.3387
+0.1%
Instrument Forex
FAQ