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.
US English
1.26993
0.24%
Market Trading Hours* (UTC) Opens on Monday at 00:00

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 0.00036
Long position overnight fee

Long position overnight fee


Margin. Your investment $1,000.00
Overnight fee -0.004583 %
Charges from full value of position ($-22.91)
Trade size with leverage ~ $500,000.00
Money from leverage ~ $499,000.00

Go to platform
-0.004583%
Short position overnight fee

Short position overnight fee


Margin. Your investment $1,000.00
Overnight fee -0.003637 %
Charges from full value of position ($-18.18)
Trade size with leverage ~ $500,000.00
Money from leverage ~ $499,000.00

Go to platform
-0.003637%
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 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
May 3, 2024 1.25448 0.00089 0.07% 1.25359 1.26343 1.25290
May 2, 2024 1.25389 0.00032 0.03% 1.25357 1.25439 1.24714
May 1, 2024 1.25359 0.00475 0.38% 1.24884 1.25496 1.24658
Apr 30, 2024 1.24885 -0.00706 -0.56% 1.25591 1.25606 1.24877
Apr 29, 2024 1.25592 0.00504 0.40% 1.25088 1.25690 1.25068
Apr 28, 2024 1.25087 0.00349 0.28% 1.24738 1.25092 1.24731
Apr 26, 2024 1.24911 -0.00144 -0.12% 1.25055 1.25403 1.24487
Apr 25, 2024 1.25069 0.00482 0.39% 1.24587 1.25265 1.24537

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
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Leverage
1:1
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Investment
Trade size (Leverage x Investement):
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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

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

Bank of England preview: possible rate cut in summer?

The Bank of England (BoE) is widely expected to keep interest rates unchanged when it meets later this week. Data from Reuters shows a 90% chance of no change to the current rate of 5.25%, but the central bank will need to decide whether to change the messaging about rate cuts this year as traders will be paying close attention to any rate-cut clues.

12:39, 8 May 2024

We’re partnering with Newsquawk

Filter out the noise and focus on the news that matters.

08:32, 23 April 2024

US Earnings Season: Tesla, Alphabet, Meta Platforms and Microsoft

The first lot of Wall Street’s mega-cap tech companies report in the coming week. We preview what to expect from Tesla, Alphabet, Meta, and Microsoft’s quarterly results.

15:56, 22 April 2024

Gold price in 2024: geopolitical tensions and rate-cut expectations keep XAU/USD supported

Investors are keeping a close eye on gold as the conflict in the Middle East escalates with a possibility of a full-scale regional war in the area.

07:56, 17 April 2024

US Earnings Season : JP Morgan, Citigroup, Wells Fargo

The first major US banks report quarterly earnings on Friday, April 12th, 2024. We preview what to expect from JP Morgan, Citigroup, and Wells Fargo's quarterly numbers.

16:03, 11 April 2024

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