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Brexit referendum

GBP/USD Reaches 9-Month High Amid U.S. Midterm Election and Expectations of BoE Rate Hike

Pound Hits Highest Level Since 2016 Brexit Referendum

November 4, 2026 by Daniel Foster - Senior Editor, Economy

The British pound surged to its highest overall level since the June 2016 Brexit referendum, reaching a value of 86.4 on a Bank of England index where 100 equals the baseline set in 2005.

Categories Economy Tags Bank of England, Brexit referendum, Federal Reserve, U.S. midterm elections

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