Today's GBP to TZS Price Update

Summary

This report provides the real-time exchange rate between the British Pound (GBP) and Tanzanian Shilling (TZS), 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 in global finance, while the Tanzanian Shilling (TZS) serves as the official currency of Tanzania. The exchange rate between them reflects both the relative economic strength of the United Kingdom and Tanzania, as well as investor confidence in both currencies’ stability and performance.

Today’s Price

• 1 GBP = 3,325.38 TZS (as of January 3, 2026, 04:00:20)
• 24h High: 3,330.74 TZS
• 24h Low: 3,312.30 TZS

Market Analysis

The GBP/TZS exchange rate has shown modest fluctuations within a tight range, with the pair trading near current levels. Market movements are influenced by trade balance dynamics between the UK and Tanzania, where shifts in either nation’s trade surplus or deficit can affect currency demand and strengthen or weaken respective currencies.

• Technical levels: Key support near 3,312.30 TZS, resistance near 3,330.74 TZS
• Near-term forecast: The GBP to TZS exchange rate is forecasted to increase by 3.50% in the coming month, with a target rate of 3,410.39 TZS
• Trading opportunities: Monitor for potential breakout above 3,330.74 TZS and consider accumulation strategies on dips toward support levels

Conclusion

Continue to monitor the GBP/TZS pair closely, integrating technical analysis with macroeconomic factors affecting both currencies. Traders should remain attentive to trade balance announcements and economic data releases from both the UK and Tanzania that could influence directional momentum.