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GBP/USD exchange rate

British pound to United States dollar

1.33350 ▲ +0.66% Close of Oct 16, 2026

Price history

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Key statistics

1 week
+0.87%
1 month
-0.31%
1 year
-0.30%
52-week high
1.38170 Jan 29, 2026
52-week low
1.30440 Nov 5, 2025
Average daily move
0.29% · 38 pips
Typical weekly range
0.85%

GBP/USD at a glance

GBP/USD closed at 1.33350 on Oct 16, 2026, up 0.66% on the previous session. Over the past year the pair traded between a low of 1.30440 on Nov 5, 2025 and a high of 1.38170 on Jan 29, 2026, and it is down 0.30% over twelve months.

On an average day GBP/USD moves about 0.29% (38 pips), and in a typical week it covers a range of around 0.85% from high to low.

What moves GBP/USD

British pound (GBP)

Set by the Bank of England (BoE). The British pound is one of the most volatile majors; reacts strongly to UK inflation, wage data and Bank of England guidance.

United States dollar (USD)

Set by the Federal Reserve (Fed). The United States dollar is the world's reserve currency; moves on Fed rate expectations, US jobs and inflation data, and global risk appetite.

When the GBP strengthens against the USD, GBP/USD rises. Interest-rate differences between the two central banks are usually the biggest long-term driver.

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Rates are European Central Bank reference rates published each business day; they are not dealing prices. Statistics use daily closes since Oct 1, 2021.