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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 is likely to decrease as it trades near its recent lows, currently around 1.3361, which is below its 90-day average of 1.3494. Recent data suggests uncertainty in the UK economy that could hinder the pound's recovery.

Key drivers:

• Rate gap: The Bank of England is expected to maintain higher rates longer compared to the Federal Reserve, but uncertainty remains.

• Risk/commodities: The USD may gain strength due to ongoing geopolitical tensions, boosting its safe-haven appeal.

• One macro factor: UK PMI results show signs of sticky inflation but also rising job cuts, reflecting potential weaknesses in the labor market.

Range:

GBP/USD is likely to remain stable within its recent range, holding between 1.3300 and 1.3837.

What could change it:

• Upside risk: Strong economic data from the UK could shift expectations regarding BoE rate decisions.

• Downside risk: A worsening situation in the Middle East may further strengthen the USD.

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 =
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USD
1d0.0%⬦
30dLows◒
GBP to USD is at 30-day lows near 1.3361, just 1.0% below its 3-month average of 1.3494, having traded in a very stable 4.0% range from 1.3300 to 1.3837
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  1 USD = 0.7485 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
19 Feb 2026
1.3461
0.9% ▼2 Week
05 Dec 2025
1.3338
0% ▲3 Month
05 Mar 2025
1.2890
3.5% ▲1 Year
06 Mar 2021
1.3835
3.6% ▼5 Year
07 Mar 2016
1.4264
6.5% ▼10 Year
10 Mar 2006
1.7301
22.9% ▼20 Year
GBP/USD historic rates & change to 05-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