GBP/USD bias flipped 2 times to weak bullish on July 26, 2026
This week, GBPUSD faces major risk events including the Bank of England policy decision and US PCE and GDP data, which are set to drive volatility. Additionally, rising oil prices could increase pressure on the Bank of England to raise rates, potentially supporting the pound against the dollar.
Updated
The reading that day
Weak bullishAt the close of the UTC day.
BearishNeutralBullish
It changed 2 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
- 23:17Bullish
- 23:21Weak bullish
Headlines (22)
First seen on July 26
- ‘Burnham bounce’ risks deflating unless focus remains on struggling households | Richard PartingtonThe Guardian
- Newsquawk Week in Focus: FOMC, BoE, BoJ, US PCE, US GDP, and EZ CPIInvestingLive
- Week ahead for traders: FOMC, BoE, BoJ, US PCE and GDP create major cross-asset riskInvestingLive
- Early indications for the FX market this weekInvestingLive
- Rising oil prices could force up UK interest rates, say economistsThe Guardian
Carried over from earlier days
- British Pound steadies against Japanese Yen following outperformance in UK Retail SalesFXStreet
- The devil in the DeTail: assessing state-contingent tail effects of a releasable macroprudential capital buffer using a parsimonious agent-based frameworkEuropean Central Bank
- Euro holds steady vs British Pound after stronger Eurozone, UK dataFXStreet
- How have interest rate expectations changed after this week's events?InvestingLive
- The EURUSD, USDJPY and GBPUSD are little changed to start the NA trading session. What next?InvestingLive
- Economists agree: Bank of England to stay on hold amid easing inflation outlookFXStreet
- British Pound: BoE holds as energy risks rise – RabobankFXStreet
- British Pound: Strong UK data fail to lift GBP against US Dollar – ScotiabankFXStreet
- British Pound rises as Oil slide softens USD, Fed hike bets increaseFXStreet
- US Dollar: Softer yields curb gains ahead of FOMC – ScotiabankFXStreet
- Healey under pressure to raise taxes or cut UK spending as fiscal headroom shrinksFinancial Times
- Forecasting the upcoming week: Fed, BoE and BoJ decisions take center stageFXStreet
- Economics Week AheadActionForex
- Can Japan avoid a Liz Truss-style shock as its PM embarks on a giant spending spree?The Guardian
- CFTC Report: A split tape; bearish FX conviction, selective covering and a crude reversalFXStreet
- FOMC preview: Fed to stay on hold after June’s hawkish shiftING Think
- Bitcoin is now fighting the ECB’s €51.8 billion bond wall for a shrinking pool of capitalCryptoSlate
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, July 27 | ||
| CBI Realized Sales | -45 | GBP |
| Core Durable Goods Orders m/m | 0.9% | USD |
| Durable Goods Orders m/m | 1.6% | USD |
| BRC Shop Price Index y/y | 1.2% | GBP |
| Tuesday, July 28 | ||
| ADP Weekly Employment Change | USD | |
| Prelim Wholesale Inventories m/m | 0.2% | USD |
| Goods Trade Balance | -98.0B | USD |
| S&P/CS Composite-20 HPI y/y | 0.8% | USD |