The Speybridge Roundabout lies immediately to the north of the New Speybridge on the Grantown on Spey bypass. The A95 to the east of here was a new road built partially on the alignment of the old road to Inverallan House. It links back to the Inverallan Roundabout about ¾mile to the west, making it one of the shortest bypasses in the country!
The A939 now follows the former route of the A95 north into the town, and both roads multiplex southwards across the bridge. The fourth arm of the junction is the old military road along the north bank of the Spey to the Old Speybridge further downstream. The old bridge is now closed to traffic, having been replaced in the 1930s, but the road provides access to parking areas for the many walks in the Anagach Woods, and also to the houses by the old bridge. This means that where the A95 used to head south out of town, and then turn east along the river bank, it now runs east along the bypass and then turns south over the new bridge!