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British Pound / US Dollar

Forex
GBP/USD
1.3041
+3.09%

Simulated chart for educational purposes — not real market data.

OverviewBritish Pound / US Dollar

GBP/USD ('Cable') tells you how many US dollars one British pound buys.

How it works

Driven by the divergence between Bank of England and Federal Reserve policy, plus UK growth and political stability.

Key factors

BoE vs Fed policy
Rate differentials between the two central banks set the long-term trend.
UK inflation
Sticky UK CPI keeps the BoE hawkish and supports the pound.
UK politics
Brexit-era and fiscal headlines can move GBP sharply.
Risk sentiment
GBP behaves as a risk-on currency — it tends to fall in panic episodes.

What to watch

  • BoE rate decisions
  • UK CPI and GDP
  • Fed policy
  • UK political news

Where to track it