GBP/USD Exchange Rate Today, Forecast & News

GBP/USD
British Pound - US Dollar
Closed
1.24939-0.00132 (-0.11%)
As of: Apr 26, 2024 20:59 UTC
Open
1.25070
High
1.25433
Low
1.24491

Stats

Prev. Close

1.25071

Open

1.25070

Day's Range

1.24491 - 1.25433

52 Week Range

1.20374 - 1.31457

YTD Change

-1.85%

1 Year Change

0.19%

Economic CalendarAll Events

Time zone: GMT

Friday, April 26th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
12:30	USD	Personal Spending MoMMar	High	0.8%	0.6%	0.8%
12:30	USD	Personal Income MoMMar	High	0.5%	0.5%	0.3%
12:30	USD	Core PCE Price Index MoMMar	High	0.3%	0.3%	0.3%
14:00	USD	Michigan Consumer Sentiment FinalApr	Medium	77.2	77.8	79.4

Monday, April 29th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
14:30	USD	Dallas Fed Manufacturing IndexApr	Medium		-11	-14.4
19:00	USD	Treasury Refunding Financing Estimates	Medium

Tuesday, April 30th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
08:30	GBP	BoE Consumer CreditMar	Medium		£ 1.6B	£1.378B

GBP/USD

The British Pound is also referred to as Sterling, with the GBP/USD pairing is referred to as Cable. Alongside with the U.S Dollar, Japanese Yen, and EUR, the Pound is the 3rd most held reserve currency. The Pound is also the 4th most traded currency in the FX markets. Average trading volumes sit at about USD330bn. Cable is the 3rd most liquid currency pairing, accounting for 11% of total transactions in the FX markets. Geopolitics and macroeconomics are key drivers for the pairing.

	United States		United Kingdom
Interest Rate	5.5% Mar 24		5.25% Mar 24
Inflation Rate	3.5% Mar 24		3.2% Mar 24
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	AaaNegative	AA+Stable	Aa3Stable	AAStable