Today's GBP to IDR Price Update

Summary
This article provides real-time exchange rates and volatility information for GBP against IDR, helping traders quickly grasp market dynamics and potential trading opportunities.

Definition

The British Pound (GBP) is one of the major fiat currencies, while the Indonesian Rupiah (IDR) represents an important emerging market currency. The exchange rate between them reflects not only the market’s perception of the Indonesian economy but also investor confidence in the stability of the British Pound.

Today’s Price

• 1 GBP = 21877.66 IDR
• 24h High: 22034.3007 IDR
• 24h Low: 22012.8155 IDR

Market Analysis

Recently, the GBP/IDR exchange rate has shown some volatility, with the current rate slightly lower than the 24-hour range.

• Technical levels: Watch for support and resistance levels around the current trading range
• Risk note: Be aware of potential short-term fluctuations in the exchange rate
• Trading opportunities: Monitor for possible entry points near the 24-hour low or high

Conclusion

Continue to monitor the GBP/IDR exchange rate, considering market trends and technical indicators to develop appropriate trading strategies and capitalize on potential opportunities.