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GBP to USD Rates - 2026 Forecast

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 GBP/USD pair is slightly softer and likely to move sideways, given its position below the recent average and near recent lows. Political uncertainties in the UK are creating hesitation among traders.

Key drivers:

• Rate gap: The Bank of England (BoE) is perceived to have a more dovish stance compared to the Federal Reserve, which is keeping USD stronger.

• Risk/commodities: Recent oil price fluctuations are not impacting GBP/USD directly, but heightened volatility can create caution in markets.

• One macro factor: Attention is on the upcoming US ISM manufacturing PMI report, which could strengthen the USD if it shows continued economic momentum.

Range:

Expect GBP/USD to drift within its recent range, given it remains near the lower end of that spectrum.

What could change it:

• Upside risk: A surprising shift in the BoE's policy outlook could boost the pound.

• Downside risk: Continued political turmoil in the UK may exert additional downward pressure on GBP.

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 =
1.3403We compare provider deals to this wholesale mid-market rate. Read more
USD
1d−0.6%▼
30dLows◒
GBP to USD is at 30-day lows near 1.3402, just 0.7% below its 3-month average of 1.3491, having traded in a quite stable 4.7% range from 1.3212 to 1.3837
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  1 USD = 0.7461 GBP

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.

DateGBP/USDChangePeriod
16 Feb 2026
1.3627
1.3% ▼2 Week
02 Dec 2025
1.3220
1.7% ▲3 Month
02 Mar 2025
1.2602
6.7% ▲1 Year
03 Mar 2021
1.3922
3.4% ▼5 Year
04 Mar 2016
1.4230
5.5% ▼10 Year
07 Mar 2006
1.7365
22.6% ▼20 Year
GBP/USD historic rates & change to 02-Mar-2026

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