United Arab Emirates Dirham

The pound rises towards the 4-month high-water mark against the UAE Dirham.

The pound to dirham exchange rate (GBP/AED) rises to 4.9419, a daily gain of 0.45%, and we forecast a constructive week of trade ahead.

GBP/AED has been trending higher, with technical studies suggesting that further upside can be expected over the next three months.