British Pound Reaches New All-Time High
The British Pound (GBP/IRR) climbed to a critical new all-time high on October 3, 2026, extending a sequence of consecutive up sessions. The currency reached...
The British Pound (GBP/IRR) climbed to a critical new all-time high on October 3, 2026, extending a sequence of consecutive up sessions. The currency reached a peak of 3,562,400 IRR, surpassing the previous record high of 3,428,100 IRR set during the prior session.
Interactive price chart
Event Details
During the October 3 session, the British Pound opened at 3,520,000 IRR and registered an intraday low of 3,516,800 IRR before hitting the record high of 3,562,400 IRR. The session closed at 3,554,200 IRR, marking a daily return of 3.8% and an intraday range of 1.28%. This advance broke the record set on October 1, 2026, when the previous high watermark stood at 3,428,100 IRR.
Technical Context
The session's price action pushed the currency significantly above key moving averages, with the close of 3,554,200 IRR well above the 20-day simple moving average of 3,177,930 IRR and the 50-day simple moving average of 2,901,042 IRR. The 14-day relative strength index registered at 84.71, while the upper Bollinger band was recorded at 3,451,180.87 IRR. Additionally, the 14-day average true range stood at 63,423.89 IRR, and the 14-day average directional index printed at 51.00.
Historical Context
Comparison with historical sessions highlights an accelerated upward trajectory over recent weeks. At the end of August 2026, specifically on August 29, the asset traded with a close of 2,786,200 IRR and a high of 2,789,400 IRR. By mid-September, closes hovered near the 3.1 million IRR range before entering a sharp ascent at the end of the month, moving from a close of 3,246,000 IRR on September 28 to consecutive new highs at the start of October.
Conclusion
The latest session extends a six-day consecutive winning streak, pushing the absolute price boundary of the British Pound in the Iran free market to unprecedented levels. The rapid progression from late-September levels to the current peak of 3,562,400 IRR underscores a distinct acceleration in the currency's valuation path relative to historical trading ranges.
Live rates
Track the latest British Pound (GBP/IRR) session on Iran Market Data.