At the beginning of 2026, the market lacked significant news to drive the exchange rate trend. The exchange rate of the pound was basically flat against the US dollar and the euro on Friday. As of press release, the GBP/USD exchange rate was reported at 1.3447, a slight drop from the three-month high of 1.3533 hit last week; the exchange rate against the euro was reported at 87.1 pence per euro, and there was also little change. Trading in the UK market continued to be light around the Christmas and New Year holidays, and market activity is not expected to fully resume until next week. Over the past few weeks, market concerns about the UK budget and Bank of England's policies have abated. This has largely dominated the recent trend of the British pound exchange rate.

At the beginning of 2026, the market lacked significant news to drive the exchange rate trend. The exchange rate of the pound was basically flat against the US dollar and the euro on Friday. As of press release, the GBP/USD exchange rate was reported at 1.3447, a slight drop from the three-month high of 1.3533 hit last week; the exchange rate against the euro was reported at 87.1 pence per euro, and there was also little change. Trading in the UK market continued to be light around the Christmas and New Year holidays, and market activity is not expected to fully resume until next week. Over the past few weeks, market concerns about the UK budget and Bank of England's policies have abated. This has largely dominated the recent trend of the British pound exchange rate.