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Pound Sterling Index

Pound Sterling Index

Bank of England trade-weighted sterling effective exchange rate index (Jan 2005 = 100)

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Real Effective Exchange Rate (REER)

A reading above 100 means the currency is expensive relative to its long-run historical average. Below 100 means it is undervalued.

๐Ÿ‡ฌ๐Ÿ‡ง British Pound
104.96
Cheap Expensive
๐Ÿ‡ช๐Ÿ‡บ Euro
103.61
Cheap Expensive
๐Ÿ‡บ๐Ÿ‡ธ US Dollar
105.66
Cheap Expensive
๐Ÿ‡ฆ๐Ÿ‡บ Australian Dollar
110.00
Cheap Expensive
๐Ÿ‡จ๐Ÿ‡ญ Swiss Franc
118.82
Cheap Expensive

Exchange Rate Forecasts

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Market-implied Forecasts

GBP/EUR Market-implied Forecast
Spot: 1.1586 12M: 1.1386
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GBP/USD Market-implied Forecast
Spot: 1.3543 12M: 1.3477
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๐Ÿ› Bank of England More →
Pound Passes Bank of England Test

Pound Passes Bank of England Test

Pound sterling holds gains against the dollar and euro after the Bank of England maintains interest rates and signals it remains guarded against rising inf...

Pound Sterling Hangs on Bank of England's Vote Split Pound's Rate Hike Support Dented by Bank of England Intervention Pound Sterling Firms on 'Hawkish' Bank of England Guidance
๐Ÿด๓ ฎ๓ บ๓ ฎ๓ ณ๓ ฎ๓ ฟ GBP/USD More →
Pound-Dollar Capped at 1.36 as Hormuz Tensions Rise Again

Pound-Dollar Capped at 1.36 as Hormuz Tensions Rise Again

The dollar strengthens as Japanese market intervention fades into memory and the Middle East conflict simmers.

Pound-Dollar Reaches Two-month Highs in Wake of Japan Intervention Pound-Dollar Extends Slide Post-FOMC Dollar Upside Risks Building as Iran Conflict Enters 'Cold' Phase
๐Ÿด๓ ฎ๓ บ๓ ฎ๓ ณ๓ ฎ๓ ฟ GBP/AUD More →
Australian Dollar Outperformance Underpinned by RBA Update

Australian Dollar Outperformance Underpinned by RBA Update

Australian interest rates will likely rise again this year.

Australian Dollar Reaching its Limits: Corpay GBP/AUD Stalls at Key Barrier Australian Dollar: This Inflation Data Dip Won't Last
๐Ÿด๓ ฎ๓ บ๓ ฎ๓ ณ๓ ฎ๓ ฟ GBP/NZD More →
Pound-New Zealand Dollar Hovers at Resistance Point

Pound-New Zealand Dollar Hovers at Resistance Point

GBP/NZD rallies are capped for now, but the charts hint at an eventual move higher through a sticky point of resistance.

New Zealand Dollar: Dovish Tidings in ANZ's Business Outlook Pound-New Zealand Dollar Could Continue Lower This Week New Zealand Dollar: RBNZ to Hike into a Waning Economy
๐Ÿด๓ ฎ๓ บ๓ ฎ๓ ณ๓ ฎ๓ ฟ EUR/USD More →
Euro-Dollar Holds Fort Above 200-day SMA

Euro-Dollar Holds Fort Above 200-day SMA

The euro has decent support despite renewed tensions in the Middle East.

EUR/USD Rises to 1.17 After ECB Unable to Douse Rate Hike Bets Euro Will Struggle As Oil Pips the ECB ECB Decision Nears: Why the Setup Is Turning Bullish for the Euro
๐Ÿด๓ ฎ๓ บ๓ ฎ๓ ณ๓ ฎ๓ ฟ GBP/CAD More →
Pound-Canadian Dollar Caught in 100-pip Range

Pound-Canadian Dollar Caught in 100-pip Range

The pound-Canadian dollar is set to retain an incredibly tight trading range in the coming days as we await a trigger to end this phase of consolidation.

Canadian Dollar: Bank of Canada Strikes 'Dovish' Tone Pound-Canadian Dollar: Scope for More Weakness This Week "We Have Slashed our Forecast for CAD Appreciation": Desjardins
๐Ÿด๓ ฎ๓ บ๓ ฎ๓ ณ๓ ฎ๓ ฟ GBP/CHF More →
Pound-Franc On Course to Slide Below Parity: J. Safra Sarasin

Pound-Franc On Course to Slide Below Parity: J. Safra Sarasin

It's happening: by 2027 the Swiss franc will be stronger than the pound, according to a new forecast report.

Swiss Franc Tipped to Make a Comeback by UBS Swiss Franc Weakness Now SNB Policy "Seek Shelter in Safer Currencies" Warning Sounded