CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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0.33%
Market Trading Hours* (UTC) Open now
Closes on Tuesday at 20:59

Mon - Thu: 00:00 - 20:59 21:05 - 00:00

Fri: 00:00 - 20:59

Sun: 21:00 - 00:00

  • Summary
  • Historical Data
Trading сonditions
Spread 0.00013
Long position overnight fee

Long position overnight funding adjustment


Margin. Your investment $1,000.00
Overnight funding adjustment -0.00458 %
Charges from full value of position ($-22.90)
Trade size with leverage ~ $500,000.00
Money from leverage ~ $499,000.00

Go to platform
-0.00458%
Short position overnight fee

Short position overnight funding adjustment


Margin. Your investment $1,000.00
Overnight funding adjustment -0.00364 %
Charges from full value of position ($-18.20)
Trade size with leverage ~ $500,000.00
Money from leverage ~ $499,000.00

Go to platform
-0.00364%
Overnight fee time 21:00 (UTC)
Min traded quantity 1000
Currency USD
Margin 0.2%
Commission on trade 0%

  • Last Week
  • Last Month
  • Last Year
  • Last two Years
  • Max
  • Daily
  • Weekly
  • Monthly
Date Close Change Change (%) Open High Low
May 27, 2024 1.27399 0.00064 0.05% 1.27335 1.27430 1.27335
May 26, 2024 1.27336 0.00066 0.05% 1.27270 1.27428 1.27264
May 24, 2024 1.27356 0.00431 0.34% 1.26925 1.27503 1.26713
May 23, 2024 1.26926 -0.00270 -0.21% 1.27196 1.27461 1.26849
May 22, 2024 1.27197 0.00105 0.08% 1.27092 1.27607 1.26997
May 21, 2024 1.27091 -0.00002 -0.00% 1.27093 1.27264 1.26859
May 20, 2024 1.27092 0.00038 0.03% 1.27054 1.27249 1.26887
May 19, 2024 1.27053 0.00184 0.15% 1.26869 1.27074 1.26856
May 17, 2024 1.26993 0.00284 0.22% 1.26709 1.27112 1.26444
May 16, 2024 1.26707 -0.00160 -0.13% 1.26867 1.27002 1.26429
May 15, 2024 1.26881 0.01037 0.82% 1.25844 1.26938 1.25838
May 14, 2024 1.25836 0.00258 0.21% 1.25578 1.25923 1.25088
May 13, 2024 1.25593 0.00379 0.30% 1.25214 1.25682 1.25172
May 12, 2024 1.25216 0.00148 0.12% 1.25068 1.25270 1.25067
May 10, 2024 1.25237 -0.00008 -0.01% 1.25245 1.25406 1.25021
May 9, 2024 1.25243 0.00317 0.25% 1.24926 1.25292 1.24456
May 8, 2024 1.24928 -0.00082 -0.07% 1.25010 1.25043 1.24673
May 7, 2024 1.25013 -0.00574 -0.46% 1.25587 1.25701 1.24980
May 6, 2024 1.25586 0.00185 0.15% 1.25401 1.25938 1.25379
May 5, 2024 1.25403 0.00051 0.04% 1.25352 1.25528 1.25350

Trading calculator

Calculate your hypothetical P&L if you had opened a CFD trade on a certain date (select a date) and closed on a different date (select a date).

Trade commission
0
  • 1:1
Leverage
1:1
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Investment
Trade size (Leverage x Investement):
Open

Close

Short Long

For the avoidance of doubt, this calculation does not include the costs of holding a position overnight (for which there will be additional charges)

GBP/USD

Browse our live chart to get all the information you need on the GBP to USD rate today.

The GBP/USD pair represents the relationship between the world’s most influential currencies: the United Kingdom’s pound and the United States’ dollar. The GBP vs USD chart shows how many US dollars – the quote currency – are needed to buy one pound – the base currency.

Backed by two large economies, both the GBP and the USD are some of the oldest and most traded currencies in the world. Their pairing – one of the forex majors – is also known as the “cable”, referring to the undersea telecoms cables that used to carry GBP/USD bid and ask quotes across the Atlantic Ocean between London and New York.

The GBP/USD pair is a very liquid market, offering forex traders attractive opportunities to take advantage of variations and adjustment in prices. Excellent liquidity combined with a high volume of continuous trade results in the low bid and ask price differences. Therefore, the popularity of this forex pair ensures that it trades at the tight spread. 

Meanwhile, the GBP/USD pairing is often described as unpredictable and impulsive due to its wide price range when compared to other currency pairs, such as USD/JPY and EUR/USD. Because of its volatile nature, the pair is known for its wild movements, false alarms and many fake breakouts.

According to the Bank for International Settlements, GBP/USD is the third most popular forex pair, taking up around 14 per cent share of the daily trading volume.

Follow the pound to dollar rate live on Capital.com to spot the best trading opportunities.

Throughout its history, the GBP/USD pair has witnessed a lot of volatility, characterised by multiple price fluctuations. According to the historical GBP/USD exchange rate chart, the pair reached a record low of 1.06 in May 1985 and a record high of 2.64 in March 1972.

During the Great Recession, the value of the British pound dropped significantly. In 2007, the GBP/USD traded at around 2.10. However, once the infamous crisis hit the financial markets, the pair dropped below 1.40, losing more than a third of its value as investors flocked to the US dollar that has long-served as a safe haven currency. During the following years, the British pound had experienced a lot of turbulence before recovering to trade at an average of 1.6 against the US dollar.

In June 2016, the GBP/USD had another steep decline when the UK voted to leave the European Union. The GBP/USD pair shed 10 per cent in one trading session, losing almost 20 per cent during the following month. The uncertainty surrounding the impact of Brexit on the British economy led to investors pulling money out of the UK at a record pace.

2018 was another torrid year for the pound. The GBP began 2018 as a leading currency in terms of performance, however, the effect of Brexit negotiations and weak economy reports saw it falling to 1.25 against the dollar, the lowest level since April 2017.

The pair started 2019 at the rate of 1.27, and has fluctuated between 1.20 and 1.34 throughout the rest of the year. In March 2020, against the background of unprecedented market turbulence amid the Covid-19 pandemic and the post-Brexit trade deal uncertainty, the GBP/USD rate fell to its multi-year low of 1.144.

With Capital.com’s comprehensive chart, you can not only quickly view the rate of the pound to dollar today, but also trace the FX rate GBP to USD in historic terms.

When trading the GBP/USD forex pair, it is recommended to pay attention to economic releases and changes in monetary policy made by the institutions in control – the Bank of England and the US Federal Reserve. In addition, it is important to consider major economic changes in the UK and the US, including GDP figures, import/export data, inflation rates, employment statistics and inflation rates.

Explore the pound to dollar live chart at Capital.com to keep track of the changes in the rate of the pound to dollar in real-time.

News

Copper price slumps as traders take profits, where to next?

Copper price drops over 5% on Thursday as traders take profits following the FOMC meeting minutes.

16:17, 24 May 2024

Market analysis: EUR/GBP driven by diverging policy expectations

The EURGBP is driven by the question: which cuts first, the ECB or the BOE? Currently, swaps markets (chart below) imply that it will be the ECB (blue line).

13:46, 24 May 2024

UK CPI Preview: Will inflation return to 2% as the BoE predicts? And how will it affect GBP?

The latest round of inflation data will be released at 22 April at 7 am BST and investors are likely going to be paying close attention.

15:44, 21 May 2024

Reserve Bank of New Zealand Preview: RBNZ could become more dovish as inflation eases and growth softens

The Reserve Bank of New Zealand (RBNZ) meets on Wednesday, May 22, 2024. We preview what to expect from the meeting and its possible impact on the NZD/USD.

15:29, 21 May 2024

Nvidia Q1 Earnings Preview: Analysts forecast another blockbuster set of results

Nvidia (NVDA) reports its Q1 results after the closing bell on Wednesday, May 22nd. We preview what to expect from Nvidia’s earnings and analyse its stock's technicals.

14:57, 21 May 2024
CPI, consumer price index symbol.

Disinflation resumes in the US as CPI drops in April

The rate of growth in US consumer prices dropped in April leading markets to price in more chances of rate cuts from the Fed

11:24, 16 May 2024

Stock market crash: how far can the S&P 500 go?

After a remarkably strong first quarter, the US stock market pulled back in April for the first time since October last year.

11:46, 10 May 2024

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