Today's GBP to TRY Price Update

Summary

This report provides the real-time exchange rate between the British Pound (GBP) and Turkish Lira (TRY), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The British Pound (GBP) is one of the world’s major fiat currencies, while the Turkish Lira (TRY) represents an emerging market currency. The exchange rate between them reflects market sentiment toward emerging market stability and the relative strength of sterling in global forex markets.

Today’s Price

• 1 GBP = 58.07 TRY
• 24h High: 58.105 TRY
• 24h Low: 57.9511 TRY

Market Analysis

Recent price action in the GBP/TRY pair indicates a consistent upward trend, supported by higher highs and higher lows. The year-to-date peak reached 58.405 TRY on January 5, 2026, demonstrating sustained bullish momentum.

• Technical Indicators: Moving averages show mixed signals with 7 Buy signals and 5 Sell signals across MA5-MA200 periods. The MACD suggests a Buy outlook, though the 5-day moving average indicates Sell pressure.
• Key Levels: The Fibonacci pivot point performance value stands at 0.0173, providing a reference for potential support and resistance zones.
• Risk Note: The GBP/TRY pair is characterized by volatility influenced by Turkey’s emerging economy status, requiring careful monitoring.
• Trading Opportunities: Monitor the current trading range between 57.95 and 58.11 TRY for potential entry and exit points, with attention to technical indicator divergences.

Conclusion

Continue monitoring the GBP/TRY pair closely, integrating technical analysis through moving averages and chart indicators to identify optimal trading opportunities while managing volatility risks inherent to emerging market currency pairs.