GBP/USD bias flipped 10 times to neutral on July 22, 2026
UK interest rate developments, as reported by the BBC, are a central factor for the pound, while the dollar is being weighed against a dense week ahead that includes a Federal Reserve decision and heightened geopolitical tensions related to Iran, as highlighted by US Secretary of State Rubio and President Trump. These contrasting influences are driving near-term moves in GBPUSD.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 10 times during the day.
The day on the wire
00:0006:0012:0018:0024:00
The band shows the reading through the day; a mark shows where it changed. Each tick is a headline first seen that day.
The reading through the day
- 00:00Neutral
- 06:15Bearish
- 06:19Neutral
- 06:39Weak bearish
- 07:03Neutral
- 07:15Weak bullish
- 07:19Neutral
- 10:04Bearish
- 11:20Neutral
- 14:25Bearish
- 15:29Neutral
Headlines (14)
First seen on July 22
- US Secretary of State Rubio: Iranian control of Hormuz would have repercussions beyond Middle EastFXStreet
- Treasury yields flat as traders reassess Fed rate hike betsCNBC
- A dense week ahead: Fed decision, Big Tech earnings, and month-end crypto expiryblog.kraken.com
- What's happening to UK interest rates and what does it mean for mortgages?bbc.co.uk
- The digital euro: Surveillance money, or a better alternative to cash?Cointelegraph
- Bus fare cap coming from aid budget will hit world’s poorest, Burnham toldThe Guardian
- Fed’s favorite inflation tracker is getting an overhaul — just as the central bank weighs interest-rate hikes. What’s going on?MarketWatch
Carried over from earlier days
- UK employers cut job vacancies as Burnham aims to lift living standardsThe Guardian
- Options Brief - Oil vol at triple the VIX - 20 July 2026home.saxo
- Benign UK jobs market weakens the case for rate hikesING Think
- July ECB Cheat Sheet: No lull in sightING Think
- USD/CHF Price Forecast: Buyers hold the upper hand above 0.8000FXStreet
- US President Trump: “We’re not finished at all with Iran”FXStreet
- investingLive Americas FX news wrap 21 JulInvestingLive
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Wednesday, July 22 | ||
| CPI y/y | 2.7% | GBP |
| PPI Input m/m | -0.7% | GBP |
| PPI Output m/m | -0.1% | GBP |
| Core CPI y/y | 2.5% | GBP |
| RPI y/y | 3.0% | GBP |
| HPI y/y | 3.2% | GBP |
| Crude Oil Inventories | -2.0M | USD |
| President Trump Speaks | USD | |