Pound to Dollar: Complete Guide, Forecast & What It Means for UK Investors in 2026
Quick answer Pound to dollar (GBP/USD, nicknamed Cable) shows how many US dollars one British pound buys. For example, a rate of £1 = $1.30 means £100 converts to $130. The rate is set by the currency market and changes through the trading day. Sterling has traded above $2.00 and below $1.10 at different points…