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GBP to USD 2026 Forecasts

Analysis of recent sterling → dollar forecasts for 2026. We collate forecasts from respected FX analysts together with the latest British pound to US dollar performance and trends.

 

GBP/USD Outlook: The outlook is likely to increase, supported by the pound trading well above its recent average and near its recent highs.

Key drivers:

  • The Bank of England maintains a cautious stance on rate cuts, which helps strengthen the pound against the US dollar.
  • Recent oil prices have remained relatively stable, which tends to support overall market confidence and consequently boosts the pound.
  • Concerns over potential US tariffs affecting the UK economy linger, adding pressure on the pound but not decisively weakening it at this time.

Range: GBP/USD is expected to drift within its recent range, considering current market volatility and mixed signals regarding geopolitical tensions.

What could change it:

  • An upside risk could arise from stronger-than-expected economic data in the UK prompting a reassessment of rate cut expectations.
  • A downside risk could emerge if US inflation data shows persistent price pressures, leading to increased rate cut bets by the Federal Reserve and strengthening the dollar.

GBP-USD Rate Calculator

 
   
   
   
   
 
   
 
 

GBP to USD Market Data

British pound (GBP) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell GBP   →   Buy USD
1 GBP =
1.3845We compare provider deals to this wholesale mid-market rate. Read more
USD
1d+0.1%
90dHighs
GBP to USD is at 90-day highs near 1.3680, 2.6% above its 3-month average of 1.3333, having traded in a quite stable 5.1% range from 1.3019 to 1.3680
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Compare & Save - British pound to US dollar

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare British pound (GBP) to US dollar (USD) rates from different sources before making a conversion.

Use our GBP to USD calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Sterling to Dollar currency rates and the possible savings of using various providers.

 
 

Will the British pound rise against the US dollar?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the British pound vs US dollar current value is to look the GBP/USD historic rate and change over a range of periods.

The following table looks at the change in the GBP to USD exchange rate over periods from the previous week back to the last 10 years.

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add GBP/USD to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more