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Interbank Market rate - GBP/USD

Bid Ask
1.2260 / 1.2261
Low High
24h 1.2254 - 1.2355
Week 1.1989 - 1.2414
Market rateFor informational purposes only. Please read Terms of Use for further information.

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Daily Commentary

Wednesday, 18 January 2017

Alex Edwards

United States Dollar:

We’ve witnessed a classic case of “sell the rumour, buy the fact” in the past few days. The “bad” news, at least as far as financial markets were concerned, had already been priced in ahead of May’s speech on Tuesday, with GBP/USD getting sold off quickly at the very start of the week, even falling below 1.2000. As May delivered the unsurprising news yesterday, GBP/USD ... read more

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Rate: 1.2261
Rate: 0.8156
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