Transfer Money Abroad At Better Exchange Rates Than The Banks - Simply A Better Deal

We're now open 24/7

Plus, we guarantee your rate before any money is exchanged.

Register now and enjoy better exchange rates than the banks.

£0 transfer fee – for all!

Our flat rate transfer fee is now a thing of the past.

UKForex customers can enjoy worldwide money transfers with a £0 transfer fee. No gimmicks, no catch.

Register now and join the many others taking advantage of this great offer!

You can now use your debit card to pay UKForex!

We are pleased to announce that you can now use your debit card to send GBP (£) with UKForex.

Simply log in and book a transfer like you usually would –  and a ‘pay by Debit card’ button will appear.


My FX Dashboard

Full Rates & Charts

Interbank Market rate - GBP/USD

Bid Ask
1.2732 / 1.2734
Low High
24h 1.2733 - 1.2733
Week 1.2389 - 1.2737
For information purposes onlyFor informational purposes only. Please read Terms of Use for further information.

More Near real time rates - Not to be used for trading purposes.

Daily Commentary

Friday, 02 December 2016

Charlotte Skeer - Private Client Dealer

United States Dollar:


For the USD, we saw the latest Unemployment Claims and ISM Manufacturing PMI data yesterday. The releases were mixed with Unemployment Claims coming in worse than expected, at the highest level since June. Jobless claims came in at 268K which was 17K higher than last week and much higher than the 1K forecasted increase. USD struggled against other majors after the release, with it dropping to 1.0623 against the euro and GBP/USD dropping to 1.2637. On the other hand, we saw ISM Manufacturing PMI come in above forecast at 53.2 where 52.1 had been forecast. This indicated continuous expansion over the last three months and was the highest reading (on par with July this year) since July 2015. Upbeat PMI helped the greenback trim some of its earlier losses with EUR/USD dropping back below 1.06 and GBP/USD dropping around 75-pips from its session high to 1.2625. Today marks a busy day in the USD calendar with the latest Average Hourly Earnings m/m, Non-Farms and the Unemployment Rate all due later today. GBP/USD is currently at 1.26295 – 08.00 AM.

GBP managed to make strong gains against other majors yesterday morning despite worse than expected PMI figures. ... read more

Currency Converter

Market Rate For information purposes only. Terms of Use
For details, see My FX Dashboard

For UKForex’s customer rate
Log In or Register Now
Rate: 1.2734
Rate: 0.7853

Register Free

Send money overseas at better rates than the banks.

Get our Free Commentary

RSS Follow Facebook Twitter Follow on LinkedIn Google Plus Follow on YouTube

Get free rate alerts

Choose currency pair and enter the exchange rate. An alert will be triggered when the exchange rate is reached and an email will be sent to you. You can unsubscribe any time and your email address is safe – see our Privacy Policy.

NOTE: These rates are for informational purposes only

UKForex is rated 4.5 stars by Trustpilot based on 125 reviews.

IMPORTANT: Use of this website is subject to the Website Terms. Use of the Services of the UKForex Limited is subject to the Client Agreement. Nothing on this website constitutes or should be construed as financial advice. This information has been prepared for distribution over the internet and without taking into account the investment objectives, financial situation and particular needs of any particular person. UKForex Limited makes no recommendations as to the merits of any financial product referred to in this website, emails or its related websites.

UKForex is registered in England and Wales (company no. 04631395) with registered office at 1st Floor 85 Gracechurch Street, London EC3V 0AA.

DISCLAIMER: UKForex makes no warranty, express or implied, concerning the suitability, completeness, quality or exactness of the information and models provided in this web site. Read full disclaimer.

UKForex provides international money transfer services to individual clients and business customers. Use our free currency calculator, exchange rate charts, economic calendar, in-depth currency news and updates and benefit from competitive exchange rates and outstanding customer service.

UKForex is authorised by the Financial Conduct Authority (FRN: 521566) for the provision of payment services. 

Money Laundering Regulation Number (MSB): 12219180. Issued by HM Revenue & Customs (HMRC)
Read our Money Laundering Statement

Privacy Policy