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Bank of England Exchange Rate History

Bank of England

GBP LIVE TODAY

Pound Sterling hits 1-Week High against Dollar, Nears 1-Month Best against the Euro

09 April, 2020 |

The British Pound was seen outperforming ahead of the weekend, registering a one-week high against the U.S. Dollar and further hard-fought gains against the Euro meant it was closing in on a one-month best against its cross-channel counterpart.

GBP LIVE TODAY

Pound Sterling Could be About to Head Lower Again says Wall St. Investment Bank as Rally a…

08 April, 2020 |

The British Pound is being forecast to decline once more by investment bank JP Morgan who says the UK still remains exposed to global capital flows and the market fallout from the coronavirus pandemic is not yet over.

GBP LIVE TODAY

Pound Sterling: Johnson's ICU Admission Deals Hammer Blow to UK Confidence, Sees Mixed For…

07 April, 2020 |

The British Pound saw its strong start to the week dented by overnight headlines that Prime minister Boris Johnson had been placed in the care of the ICU at St. Thomas Hospital London.

GBP LIVE TODAY

Pound Sterling Volatile on Johnson Hospital Admission, Unlikely to have Lasting Effect on …

06 April, 2020 |

The British Pound started the new week off on a softer tone, moving lower in response to news that the UK's Prime Minister Boris Johnson had been admitted to hospital over his covid-19 infection.

USD

Dollar Folds into Holiday Weekend as Federal Reserve Fights to Save Crumbling Labour Marke…

09 April, 2020 |

The Dollar fell broadly on Friday, folding a strong earlier hand as the Federal Reserve (Fed) pounced on a crumbling labour market in an apparent effort to save the hard-won job gains of recent years from the coronavirus and resulting shutdown, which claimed another six million livelihoods this week.

USD

Pound-Dollar Rate Forecasts Point to 1985 Trough as 'Death Cross' Vandalises Charts 

08 April, 2020 |

The Pound-Dollar rate extended this week's rebound off earlier lows Wednesday but the outlook for it appears to be darkening as a range of forecasters tip trouble ahead for the British exchange rate while a 'death cross' further vanadalises an already bearish picture on the charts.

USD

Dollar Weeps amid Virus Slowdown but The Great Depreciation is Only at Its Very Beginning 

07 April, 2020 |

The Dollar suffered heavy losses against all major rivals Tuesday as investors serenaded an ongoing decline in the number of new coronavirus cases across some major economies which, if sustained, could produce a much steeper and more protracted depreciation of the U.S. currency in the months ahead.

USD

Pound-Dollar Rate Week Ahead: Targeting 200-day Average Above 1.26 as Risk Appetite Recove…

05 April, 2020 |

The Pound-Dollar rate handed back some of its earlier gains last week but is in a good position to recover lost ground in the coming days, with the 200-day moving average near 1.2660 said to be a possibility, although risk appetite will be key to the trajectory of the exchange rate this week.