GBP/USD Exchange Rate Today, Forecast & News

GBP/USD
British Pound - US Dollar
Open
1.26564-0.00320 (-0.25%)
As of: May 17, 2024 04:38 UTC
Open
1.26885
High
1.27116
Low
1.26341

Stats
Prev. Close
1.26884
Open
1.26885
Day's Range
1.26341 - 1.27116
52 Week Range
1.20374 - 1.31457
YTD Change
-0.58%
1 Year Change
1.38%
Economic CalendarAll Events
Time zone: GMT
Thursday, May 16th 2024
Time Currency Event Impact Actual Consensus Previous
14:00

USD
Fed Barr Speech
Medium
14:30

USD
Fed Harker Speech
Medium
15:30

USD
Fed Mester Speech
Medium
19:50

USD
Fed Bostic Speech
Medium
Friday, May 17th 2024
Time Currency Event Impact Actual Consensus Previous
08:00

GBP
BoE Mann Speech
Medium
14:15

USD
Fed Waller Speech
Medium
Saturday, May 18th 2024
Time Currency Event Impact Actual Consensus Previous
21:45

USD
Fed Kugler Speech
Medium
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%
May 24
5.25%
May 24
Inflation Rate
3.4%
Apr 24
3.2%
Mar 24
Credit Ratings
Moody's
S&P
Moody's
S&P
AaaNegative
AA+Stable
Aa3Stable
AAStable
Latest News
FXEmpire12 hours ago
EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Attempts To Rebound After Sell-Off
GBP-USD-0.25%
EUR-USD-0.29%
USD-CAD+0.20%
FXEmpire21 hours ago
EUR/USD, GBP/USD, DXY Forecast: DXY Bounces Above $104; More Bullish Correction Ahead?
GBP-USD-0.25%
EUR-USD-0.29%
FXEmpireMay 15, 2024
EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Retreats After Inflation Report
GBP-USD-0.25%
EUR-USD-0.29%
USD-CAD+0.20%
FXEmpireMay 15, 2024
US Dollar (DXY) Index News: Plunging as Yields Tumble Following Tepid CPI Report
GBP-USD-0.25%
EUR-USD-0.29%
USD-JPY+0.97%
FXEmpireMay 15, 2024
EUR/USD, GBP/USD, DXY Price Forecast: DXY at $104.85; US Inflation Ahead
GBP-USD-0.25%
EUR-USD-0.29%
FXEmpireMay 14, 2024
EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Moves Lower As Powell Sends Dovish Signals
GBP-USD-0.25%
EUR-USD-0.29%
USD-CAD+0.20%
Read All
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Thursday, May 16th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
14:00	USD	Fed Barr Speech	Medium
14:30	USD	Fed Harker Speech	Medium
15:30	USD	Fed Mester Speech	Medium
19:50	USD	Fed Bostic Speech	Medium

Friday, May 17th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
08:00	GBP	BoE Mann Speech	Medium
14:15	USD	Fed Waller Speech	Medium

Saturday, May 18th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
21:45	USD	Fed Kugler Speech	Medium

	United States		United Kingdom
Interest Rate	5.5% May 24		5.25% May 24
Inflation Rate	3.4% Apr 24		3.2% Mar 24
Credit Ratings	Moody's	S&P	Moody's	S&P
Credit Ratings	AaaNegative	AA+Stable	Aa3Stable	AAStable

GBP/USD

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Attempts To Rebound After Sell-Off

EUR/USD, GBP/USD, DXY Forecast: DXY Bounces Above $104; More Bullish Correction Ahead?

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Retreats After Inflation Report

US Dollar (DXY) Index News: Plunging as Yields Tumble Following Tepid CPI Report

EUR/USD, GBP/USD, DXY Price Forecast: DXY at $104.85; US Inflation Ahead

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Moves Lower As Powell Sends Dovish Signals

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