GBPUSD · Major forex pair
Trade GBP/USD (GBPUSD) on Mega1 or MetaTrader 5 with Pro raw pricing or Standard all-in spreads.
*Exposure-based margin bands apply incrementally per symbol. Availability depends on account, platform and jurisdiction.
Indicative GBPUSD prices · British Pound / US Dollar
Powered by Mega1 Platform GBP/USD daily indicative candlestick chart is loading.
GBP/USD overview
GBP/USD shows how many units of USD are needed to buy one unit of GBP. A rising price means GBP is strengthening against USD; a falling price means the reverse. GBPUSD can respond sharply to Bank of England guidance, UK inflation and labour data, Federal Reserve expectations and changes in liquidity across the London and New York sessions.
Bank of England
GBP/USD follows the gap between Bank of England and Federal Reserve interest rates. The BoE publishes how each of its nine policymakers voted, so an unexpected split can move the pound even when rates don't change.
UK data
UK inflation and wage growth shape expectations for the BoE's next move, so the monthly CPI and jobs reports are among the pound's biggest scheduled events. Both come out at 7:00 London time.
Public finances
The UK has run a current-account deficit for decades, so the pound relies on foreign investors' appetite for British assets. When budgets or borrowing plans unsettle the gilt market, sterling can fall alongside government bonds.
US dollar
US payrolls and inflation figures, released at 8:30 New York time, often bring the day's sharpest moves in GBP/USD. In market stress, the rush into dollars tends to push the pair lower.
GBP/USD trades around the clock from Monday to Friday, but it's quiet in the Asian session and comes alive when London opens. UK data at 7:00 and Bank of England decisions at 12:00 London time are the main local events. It's busiest while London and New York overlap, from about 8:00 to 12:00 New York time, and thins out after London closes and around the 17:00 New York rollover.
Price history
From daily mid-price candles, updated November 10, 2026.
Past performance is not a reliable indicator of future results.
Performance
Why XBTFX
Up to 1000:1 on GBP/USD, stepping down in published bands as your position grows.
Pro and Standard accounts, with every cost for GBP/USD shown on this page before you trade.
Trade in the browser, on desktop or on your phone with Mega1, or use MetaTrader 5.
Fund in crypto or fiat, and run your account in US dollars or a crypto base currency such as BTC or USDT.
Two pricing choices
Raw pricing
Variable spreads from 0.0 pips
All-in spread
Spreads from 1 pip
Spreads are variable and can widen. The stated minimum is not a universal or guaranteed spread. Swaps may apply to positions held across rollover. Account and platform availability varies.
Exposure-based margin
GBP/USD margin is applied incrementally by the total notional exposure in GBPUSD. Crossing a threshold does not reprice the margin already assigned to lower bands; only the additional exposure uses the next rate.
How exposure-based margin works| Additional notional | Leverage | Margin |
|---|---|---|
| $0–$500K | 1000:1 | 0.10% |
| $500K–$2M | 500:1 | 0.20% |
| $2M–$5M | 200:1 | 0.50% |
| $5M–$15M | 100:1 | 1.00% |
| $15M–$50M | 50:1 | 2.00% |
| $50M–∞ | 20:1 | 5.00% |
USD notional bands. The live platform specification remains authoritative.
Contract details
Review volume, carrying-cost and session information before placing a trade. Values below are refreshed from the published XBTFX specification service.
Sessions and swap values may change for holidays, liquidity conditions and scheduled maintenance.
Plan a scenario
For one standard lot of GBP/USD, one pip is 0.0001 and represents 10 USD in the quote currency. The account-currency result can change with conversion, direction, spread, commission and swaps.
Where to trade
Use Mega1 in the browser, on desktop or mobile, or trade through MetaTrader 5.
Start tradingCFDs are complex instruments and involve a significant risk of loss due to leverage. Prices are indicative and may differ from executable account prices. Consider whether you understand how CFDs work and whether you can afford the risk. Risk Disclosure Notice
Open an XBTFX account, choose Pro or Standard pricing, and access GBP/USD on a supported platform.
