CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.1% 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
1.24615
0.11%
Market Trading Hours* (UTC) Open now
Closes on Monday 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 fee


Margin. Your investment $1,000.00
Overnight fee -0.004743 %
Charges from full value of position ($-23.71)
Trade size with leverage ~ $500,000.00
Money from leverage ~ $499,000.00

Go to platform
-0.004743%
Short position overnight fee

Short position overnight fee


Margin. Your investment $1,000.00
Overnight fee -0.003477 %
Charges from full value of position ($-17.39)
Trade size with leverage ~ $500,000.00
Money from leverage ~ $499,000.00

Go to platform
-0.003477%
Overnight fee time 21:00 (UTC)
Min traded quantity 1000
Currency USD
Margin 0.2%
Commission on trade 0%

*Information provided by Capital.com

  • Last Week
  • Last Month
  • Last Year
  • Last two Years
  • Max
  • Daily
  • Weekly
  • Monthly
Date Close Change Change (%) Open High Low
Apr 15, 2024 1.24598 0.00007 0.01% 1.24591 1.24645 1.24403
Apr 14, 2024 1.24590 0.00233 0.19% 1.24357 1.24624 1.24315
Apr 12, 2024 1.24474 -0.01049 -0.84% 1.25523 1.25583 1.24261
Apr 11, 2024 1.25541 0.00221 0.18% 1.25320 1.25781 1.25106
Apr 10, 2024 1.25358 -0.01404 -1.11% 1.26762 1.27076 1.25199
Apr 9, 2024 1.26763 0.00193 0.15% 1.26570 1.27088 1.26483
Apr 8, 2024 1.26569 0.00349 0.28% 1.26220 1.26634 1.26129
Apr 7, 2024 1.26235 0.00011 0.01% 1.26224 1.26338 1.26205
Apr 5, 2024 1.26353 -0.00029 -0.02% 1.26382 1.26480 1.25739
Apr 4, 2024 1.26387 -0.00143 -0.11% 1.26530 1.26830 1.26348
Apr 3, 2024 1.26508 0.00755 0.60% 1.25753 1.26558 1.25621
Apr 2, 2024 1.25752 0.00300 0.24% 1.25452 1.25808 1.25389
Apr 1, 2024 1.25453 -0.00917 -0.73% 1.26370 1.26415 1.25391
Mar 31, 2024 1.26369 0.00177 0.14% 1.26192 1.26421 1.26179
Mar 29, 2024 1.26135 -0.00076 -0.06% 1.26211 1.26445 1.26094
Mar 28, 2024 1.26207 0.00041 0.03% 1.26166 1.26539 1.25853
Mar 27, 2024 1.26163 -0.00109 -0.09% 1.26272 1.26405 1.26050
Mar 26, 2024 1.26271 -0.00087 -0.07% 1.26358 1.26675 1.26215
Mar 25, 2024 1.26359 0.00389 0.31% 1.25970 1.26518 1.25913
Mar 24, 2024 1.25969 0.00023 0.02% 1.25946 1.26019 1.25886

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
  • 20
  • 100
  • 500
  • 1000
  • 10000
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

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

Reserve Bank of New Zealand Preview: Rates expected to remain on hold as inflation fight continues

The Reserve Bank of New Zealand (RBNZ) meets on Wednesday, April 10, 2024. We preview what to expect from the meeting and its possible impact on the NZD/USD.

09:22, 11 April 2024

US CPI Preview: US inflation expected to grind lower amid fears about sticky prices

US CPI data is released on Wednesday, 10 April. We preview what to expect from the data, how it could influence US Federal Reserve policy, and analyse the NASDAQ (US Tech 100).

15:11, 9 April 2024

How escalating geopolitical tensions are impacting oil markets

The bullish momentum in oil prices remains strong as escalating geopolitical tensions raise concerns about supply.

13:34, 4 April 2024

A way forward: a roundup of recent central bank decisions

Five of the world’s most significant central banks delivered policy this week. We review the decisions and discuss their impact on the markets.

12:47, 22 March 2024

Bank of Japan Preview: will the BOJ end negative interest rates?

The Bank of Japan meets on Tuesday 19th of March. We preview what to expect from the BOJ decision and how it might impact the USD/JPY and Nikkei 225.

08:44, 18 March 2024

Higher CPI leaves traders unfazed as US equities continue to build momentum

The latest US CPI reading hasn’t gone how the Federal would have hoped. Consumer prices came in higher than expected in February for the third month in a row.

12:42, 15 March 2024

People also watch

BTC/USD

64,135.80 Price
+0.580% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 21:00 (UTC)
Spread 106.00

ETH/USD

3,151.58 Price
+2.790% 1D Chg, %
Long position overnight fee -0.0616%
Short position overnight fee 0.0137%
Overnight fee time 21:00 (UTC)
Spread 6.00

US100

17,924.20 Price
-0.200% 1D Chg, %
Long position overnight fee -0.0262%
Short position overnight fee 0.0040%
Overnight fee time 21:00 (UTC)
Spread 1.8

XRP/USD

0.50 Price
+1.510% 1D Chg, %
Long position overnight fee -0.0753%
Short position overnight fee 0.0069%
Overnight fee time 21:00 (UTC)
Spread 0.01168
video

Still looking for a broker you can trust?

Join the 610,000+ traders worldwide that chose to trade with Capital.com

1. Create & verify your account 2. Make your first deposit 3. You’re all set. Start trading