GBP/USD bias flipped 26 times to neutral on July 27, 2026
The British Pound is under pressure amid expectations that the Bank of England may pause its tightening cycle, risking a dovish repricing that could weaken GBP. Market focus is on upcoming Fed and BoE policy announcements, which are expected to drive GBP/USD direction. Declining German yields on easing inflation fears also support a cautious tone for the pound.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 26 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
- 00:00Weak bullish
- 02:54Neutral
- 03:54Weak bullish
- 06:22Bearish
- 06:26Weak bullish
- 07:15Bullish
- 07:23Neutral
- 08:07Bearish
- 09:07Neutral
- 09:11Bearish
- 10:03Bullish
- 11:03Weak bullish
- 11:23Bullish
- 11:31Bearish
- 11:51Weak bearish
- 12:19Bearish
- 12:35Bullish
- 12:39Bearish
- 12:47Neutral
- 13:11Bearish
- 13:39Neutral
- 15:07Bullish
- 16:11Neutral
- 20:11Weak bullish
- 20:19Neutral
- 20:48Bearish
- 22:36Neutral
Headlines (19)
First seen on July 27
- City gears up for a fight on bank tax under Burnhampolitico.eu
- Pound Sterling on Burnham Watch, Week 2poundsterlinglive.com
- EUR/GBP Price Forecast: In a positive trend with bulls eyeing 0.8555 resistanceFXStreet
- Sunrise Market CommentaryActionForex
- EUR/USD, GBP/USD Outlook: Same Sunday TACO, Same Monday ReactionInvesting.com
- German yields retreat as crude slide eases inflation fears ahead of Fed, BOE callsInvesting.com
- GBP/USD Price Forecast: VCP breakout likely after Fed-BoE policy announcementsFXStreet
- Iran’s Baghaei: Iran has not asked for resumption of talks with the USFXStreet
- British Pound: BoE pause risks dovish repricing – INGFXStreet
- British Pound loses ground against Japanese Yen ahead of central bank decisionsFXStreet
- Japanese Yen: BoJ tightening yet weaker JPY against US Dollar – BNP ParibasFXStreet
Carried over from earlier days
- 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
- Bitcoin is now fighting the ECB’s €51.8 billion bond wall for a shrinking pool of capitalCryptoSlate
- ‘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
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 |
| President Trump Speaks | USD | |
| BRC Shop Price Index y/y | 1.1% | GBP |
| Tuesday, July 28 | ||
| ADP Weekly Employment Change | USD | |
| Goods Trade Balance | -100.3B | USD |
| Prelim Wholesale Inventories m/m | 0.4% | USD |