Today's GBP to UGX Price Update

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Summary

This report provides the real-time exchange rate between the British Pound (GBP) and the Ugandan Shilling (UGX), 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 Ugandan Shilling (UGX) represents the currency of East Africa’s financial markets. The exchange rate between them reflects market sentiment regarding currency valuations and cross-border economic dynamics between the UK and Uganda.

Today’s Price

  • 1 GBP = 4,824.61 UGX
  • 24h High: 4,861.47 UGX
  • 24h Low: 4,833.65 UGX

Market Analysis

Recent GBP/UGX price movements reflect broader currency market dynamics, with the pair showing relatively neutral to slightly bullish characteristics as of February 21, 2026.

  • Technical indicators: The 14-day Relative Strength Index (RSI) stands at 45.495, indicating a neutral market condition. The 5-day moving average of 4,883.26 suggests bullish momentum.
  • Risk note: The pair remains within a relatively tight range; traders should monitor for potential breakouts beyond recent highs and lows.
  • Trading opportunities: Watch for consolidation patterns and potential entry points near the current support levels, with attention to moving average crossovers for directional confirmation.

Conclusion

Continue to monitor the GBP/UGX pair closely, integrating technical indicators such as moving averages and RSI with broader market sentiment. Traders should remain alert to support and resistance levels while considering both short-term technical signals and longer-term currency trends.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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