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 and a key reserve currency, while the Turkish Lira (TRY) is the official currency of Turkey. The exchange rate between them reflects market sentiment regarding the relative strength of these two currencies and broader macroeconomic conditions in their respective economies.

Today’s Price

• 1 GBP = 59.14 TRY (as of February 21, 2026)
• 24h High: 59.1628 TRY
• 24h Low: 59.0442 TRY

Market Analysis

The GBP/TRY pair has demonstrated notable volatility in recent trading sessions. Technical analysis indicates mixed signals across different timeframes, with multiple moving averages suggesting a neutral to slightly bearish bias in the near term.

• Technical levels: Fibonacci pivot point at 59.4307 TRY serves as a key reference level; the 5-day and 50-day moving averages both suggest a sell signal at current levels
• Moving average signals: Analysis shows 7 buy signals against 5 sell signals across various moving average periods, indicating conflicting short-term momentum
• Risk note: The pair exhibits significant volatility, which presents both opportunities and risks for traders; broader currency market instability should be monitored
• Trading opportunities: Watch for potential reversals near key moving average levels and support/resistance zones identified through technical analysis

Conclusion

Continue to monitor the GBP/TRY pair closely, combining technical indicators with broader market sentiment. Traders should remain cautious given the mixed technical signals and implement appropriate risk management strategies when positioning in this volatile currency pair.