If you’re transferring money from the UK to Malaysia or vice versa, here’s a simple look at how the British pound (GBP) and the Malaysian ringgit (MYR) are moving, and what that might mean for your money in November 2025.
GBP to MYR: Where It Stands
We start with where the British Pound (GBP) to Malaysian Ringgit (MYR) currently is in the market.
Right now, 1 British Pound is trading close to 5.68 Ringgit. It recently hit a high of 5.6942 earlier this month before easing back slightly.
Still, it’s been climbing steadily over the past few weeks, showing that sentiment remains positive for the Pound overall.
What’s Driving GBP to MYR?
Let’s look at the big picture forces moving this exchange rate.
The UK’s recent economic data showed very slow growth, just 0.1% in August, mostly from its industrial sector.
But its services sector, the backbone of the economy, stayed flat. That's not a strong signal and could make it harder for the Pound to rise much further.
On the other side, Malaysia’s economy is looking healthier. It grew by 5.2% in the July–September quarter compared to last year, thanks mostly to strong manufacturing.
That’s significantly better than its previous quarter and better than most expected.
In short, the UK economy is treading water while Malaysia is gaining speed. That could put pressure on the GBP/MYR rate going forward.
Also, fiscal budget news from Malaysia could play a role.
Investors are waiting to see Malaysia’s 2026 Budget and whether the government sticks to its plan to cut its deficit without hurting growth. So far, the Ringgit has held up overall.
What Do the Charts Say?
Now, let’s look at what technical patterns tell us.
The pair tried but failed to move above 5.6942. That’s a major resistance level now, basically a ceiling the Pound couldn’t break through. On the other side, if the rate falls, it’s likely to find support, a kind of floor, around 5.62.
For now, the GBP/MYR chart shows that buyers are still interested, but they’ll need stronger UK economic signs to break higher.
What to Watch in November 2025
Key events and indicators to keep an eye on.
UK economic data, especially anything related to inflation or growth, is very important.
Any new comments from the Bank of England about interest rates, if they stay quiet or signal cuts, that could weaken the Pound.
Malaysia's 2026 Budget announcements, markets will react based on fiscal policy tone.
Manufacturing data from both countries.
All these updates could tip the balance of the exchange rate.
Risks Ahead
Things that might surprise the market.
A slowdown in global trade could hurt Malaysia’s exports and Ringgit.
If the UK economy shows signs of recession, it could weaken the Pound quickly.
Sudden shifts in oil prices or investor mood could affect how both currencies perform, as Malaysia is a key exporter.
What This Means If You’re Sending GBP to MYR Abroad
Here’s why this matters if you’re planning to send money from the UK to Malaysia.
Right now is still a good time to send money into Malaysia, the Pound is stronger than a few weeks ago.
But be careful: it might not stay that way if Malaysian growth keeps outshining the UK.
If you’re not in a rush, consider watching the 5.62 to 5.69 range.
If the rate moves closer to 5.69 again, that may be a better moment to convert and send. If it starts dropping below 5.65, that could signal a weaker Pound coming.
In short
GBP/MYR rose recently but stalled at 5.6942.
The UK economy looks sluggish while Malaysia is picking up speed.
Markets are watching Malaysia’s budget and UK economic signals.
Support is around 5.62, resistance at 5.6942.
If you plan to send money to Malaysia, now is still a decent time. Rates may move slightly lower if Malaysia keeps outperforming.
Keep an eye out, small changes in economic tone could mean more movement ahead.
