Currency

Largest Daily Loss in 30 Days Recorded by British Pound (GBP/IRR)

The British Pound (GBP/IRR) registered its steepest single-session decline in 30 days during the October 7, 2026 trading session. The asset experienced a sha...

Market event cover: large price move

The British Pound (GBP/IRR) registered its steepest single-session decline in 30 days during the October 7, 2026 trading session. The asset experienced a sharp downturn, eclipsing previous daily losses observed over the preceding month and resetting the short-term downside measure.

Interactive price chart

Event Details

During the October 7 session, the British Pound (GBP/IRR) recorded a daily loss of 2.54 percent, equivalent to a decline of 90,500 Iranian Rials from the previous close of 3,564,000 to settle at 3,473,500. The session opened at 3,547,700 and reached a high of 3,548,100 before descending to an intraday low of 3,471,400. This single-session drop surpasses the prior 30-day maximum daily loss record of 2.35 percent, establishing a new high-water mark for daily declines within the lookback window. The intraday trading range for the session spanned 2.21 percent between high and low extremes.

Conclusion

The 2.54 percent contraction breaks the range of daily losses seen across the last 30 sessions, surpassing the previous 2.35 percent threshold. This downward move reestablishes the scale of single-session pullbacks for the currency pair in the current market environment.

Live rates

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