# Pound hits highest level since its crash after 2016 Brexit vote | Sterling | The Guardian

> The Bank of England reported that sterling reached its strongest level against a basket of other currencies since 23 June 2016, the day of the EU referendum. The pound also reached an 18-month high above 1.20 euros.

- Date: 2026-11-05 · published 2026-11-05T15:09:37.645Z
- Category: macro · region UK · magnitude low
- Page: https://feedsoft.ai/events/81948-pound-hits-highest-level-since-its-crash-after-2016-brexit-vote-sterling-the
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

A stronger pound against a broad basket mainly reflects dollar weakness and rate expectations, not a direct change in feed supply or demand. It can affect UK import costs for feed ingredients priced in dollars.

## Sources

- theguardian.com: https://www.theguardian.com/business/2026/nov/05/pound-hits-highest-level-since-2016-brexit-vote

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.