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British Pound Currency IndexBritish Pound Currency IndexBritish Pound Currency Index

British Pound Currency Index

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No trades
OverviewCommunityTechnicalsSeasonals
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Full chart

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Key data points


Volume
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Previous close
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Open
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Day's range
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Index info


The British Pound Currency Index (BXY) is a significant indicator demonstrating how strong the pound is in comparison with other major currencies. Although the United Kingdom is relatively small in size, the GBP plays a big role in the world economy. Also, USD/GBP and EUR/GBP are traditionally important pairs for Forex market participants. In order to predict the next trend for the pound, traders monitor changes of such economic indicators as the Bank of England interest rate, the GDP, the consumer price index, and energy carrier prices.

Ideas



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Technicals


Summarizing what the indicators are suggesting.
Oscillators
Neutral
Oscillators
Neutral
Summary
Neutral
Summary
Neutral
Summary
Neutral
Moving Averages
Neutral
Moving Averages
Neutral

Seasonals


Displays a symbol's value movements over previous years to identify recurring trends.

Frequently asked questions


Today, BXY is 134.14.

For broader market analysis, dive into the technicals on the BXY live chart.
To understand the BXY performance, it's worth checking price changes for various periods to get the full picture:
– 1 day — +0.06%
– 1 week — +0.73%
– 1 month — +1.59%

BXY all-time low was 1.92 (Mar 5, 2007), and its highest value is 211.17 (Nov 8, 2007). Find more dynamics in the Forex Heatmap and on the BXY live chart.
The lowest recorded level of the BXY is 1.92, reached on Mar 5, 2007.

It shows where the market hit its deepest decline — but combining it with highs, drawdowns, and long-term returns gives a fuller picture.

For more context, check other metrics too:
– All-time high — 211.17: Compare drawdowns and recovery strength
– Annual change — 2.09%: Average annual performance over time
– Technical rating — buy: Indicator-based signals (buy/sell/neutral) to assess current market momentum
Currency indices are designed to track the overall strength or weakness of a currency by measuring its value against a basket of other major currencies.

For example, the Euro Currency Index (EXY) tracks the performance of the euro by comparing it to currencies like the US dollar, British pound, Japanese yen, and others.

Why traders follow currency indices:
– Validate trades: If a currency index is rising while a pair suggests buying that currency, it strengthens your setup
– Spot divergence: If a pair moves up but the index is flat or falling, the move may be weak or short-lived
– Choose better pairs: Trade the strongest currency against the weakest to find clearer trends
– Time entries: Combine index direction with technical signals (trend, levels) to refine entry and exit points
One way to gain exposure to BXY is through a broker that offers index-related products, such as futures. Before trading, make sure you understand how the product works and the risks involved.

You can trade directly from TradingView:
– Choose a broker: Explore our supported trading partners and select one that fits your needs
– Compare options: Review available brokers, fees, and features
– Connect your account: Open Supercharts, click Trade, choose your broker, and sign in
– Start trading: Place orders directly from the chart

Tip: If you're new to trading, try paper trading first. It lets you practice strategies in live market conditions without risking real funds.
The BXY reached its all-time high of 211.17 on Nov 8, 2007.

All-time highs show where the market reached peak strength — but combining them with trends, valuations, and technical signals gives a clearer picture.

For more context, check other metrics too:
– All-time low — 1.92: Compare drawdowns and recovery strength
– Annual change — 2.09%: Average annual performance over time
– Technical rating — buy: Indicator-based signals (buy/sell/neutral) to assess current market momentum