CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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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1.25431
0.38%
Market Trading Hours* (UTC) Opens on Monday at 00:00

Mon - Thu: 00:00 - 21:59 22:05 - 00:00

Fri: 00:00 - 21:59

Sun: 22:00 - 00:00

  • Summary
  • Historical Data
Trading Conditions
Spread 0.00130
Long position overnight fee

Long position overnight fee


Margin. Your investment $1,000.00
Overnight fee -0.004582 %
Charges from full value of position ($-22.91)
Trade size with leverage ~ $500,000.00
Money from leverage ~ $499,000.00

Go to platform
-0.004582%
Short position overnight fee

Short position overnight fee


Margin. Your investment $1,000.00
Overnight fee -0.003638 %
Charges from full value of position ($-18.19)
Trade size with leverage ~ $500,000.00
Money from leverage ~ $499,000.00

Go to platform
-0.003638%
Overnight fee time 22:00 (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
Dec 8, 2023 1.25431 -0.00438 -0.35% 1.25869 1.26009 1.25019
Dec 7, 2023 1.25870 0.00295 0.23% 1.25575 1.26119 1.25438
Dec 6, 2023 1.25572 -0.00369 -0.29% 1.25941 1.26131 1.25511
Dec 5, 2023 1.25939 -0.00391 -0.31% 1.26330 1.26518 1.25768
Dec 4, 2023 1.26329 -0.00778 -0.61% 1.27107 1.27118 1.26033
Dec 3, 2023 1.27106 0.00318 0.25% 1.26788 1.27242 1.26782
Dec 1, 2023 1.27026 0.00720 0.57% 1.26306 1.27155 1.26133
Nov 30, 2023 1.26307 -0.00638 -0.50% 1.26945 1.27101 1.26028
Nov 29, 2023 1.26944 -0.00179 -0.14% 1.27123 1.27326 1.26642
Nov 28, 2023 1.27122 0.00779 0.62% 1.26343 1.27144 1.26063
Nov 27, 2023 1.26344 0.00354 0.28% 1.25990 1.26437 1.25907
Nov 26, 2023 1.25989 0.00002 0.00% 1.25987 1.26045 1.25945
Nov 24, 2023 1.25988 0.00666 0.53% 1.25322 1.26148 1.25239
Nov 23, 2023 1.25321 0.00434 0.35% 1.24887 1.25702 1.24885
Nov 22, 2023 1.24886 -0.00542 -0.43% 1.25428 1.25490 1.24486
Nov 21, 2023 1.25429 0.00353 0.28% 1.25076 1.25587 1.25041
Nov 20, 2023 1.25077 0.00548 0.44% 1.24529 1.25170 1.24456
Nov 19, 2023 1.24528 0.00080 0.06% 1.24448 1.24603 1.24431
Nov 17, 2023 1.24567 0.00429 0.35% 1.24138 1.24643 1.23735
Nov 16, 2023 1.24137 -0.00077 -0.06% 1.24214 1.24554 1.23760

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).

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Leverage
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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

December RBA preview: no move expected at the final meeting of 2023

The RBA meets on Tuesday, 5th of December, 2023, at 2.30 PM (AEDT). We preview what to expect from this month’s decision.

14:47, 4 December 2023

CPI drops more than expected in Europe, Spain’s IBEX 35 looking to break pre-COVID highs

CPI drops more than expected in Europe, Spain’s IBEX 35 looking to break pre-COVID highs

12:39, 30 November 2023

Euro Zone CPI expected to continue dropping; economists warn about cutting too soon

EZ PI expected to drop further but speed of decline

08:16, 29 November 2023

A weaker Dollar drives gold higher

Gold prices have returned above $US2000 per ounce. We run through the factors driving gold and the commodity’s key technicals.

13:49, 28 November 2023

Q3 US Earnings Recap: Profits surprise to the upside, but outlook remains uncertain

US earnings for the third quarter were far better than expected. However, uncertainty about the outlook for company profits continues. We review the quarterly earnings and look ahead to what the markets expect from S&P 500 companies going forward.

13:20, 28 November 2023

RBNZ Preview: Rates expected to remain unchanged at final meeting of 2023

The RBNZ meets for the final time this year on Wednesday, 29th of November, 2023. We preview what to expect and how it could impact the New Zealand Dollar.

13:04, 28 November 2023

Crude prices slide on OPEC+ uncertainty

Crude prices have chopped sideways amid signs of turmoil within OPEC+. We look at the fundamentals of the oil market and the technical levels of WTI.

12:55, 28 November 2023

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