GBP/USD bias flipped 14 times to neutral on July 28, 2026
The British Pound is under pressure against the US Dollar as investors weigh the Bank of England's potential rate hike against political risks. While the BoE may raise rates if energy prices stay high, the Pound has weakened amid broader dollar strength and a comparative advantage for the Euro. The market remains focused on the divergent monetary policy stances of the Fed and BoE.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 14 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
- 06:23Bearish
- 06:35Weak bearish
- 06:39Neutral
- 09:07Bearish
- 09:27Neutral
- 10:12Bullish
- 10:40Bearish
- 11:20Weak bearish
- 11:40Neutral
- 12:00Bearish
- 12:16Neutral
- 19:37Bearish
- 21:01Weak bullish
- 23:01Neutral
Headlines (15)
First seen on July 28
- Bank of England to raise rates this year if energy prices stay highFinancial Times
- Euro stands tall against the British Pound despite the risk-off sentimentFXStreet
- British Pound drops against US Dollar, Fed-BoE policy in focusFXStreet
- British Pound: Political risks and BoE stance shape outlook – RabobankFXStreet
- British Pound Sterling has nothing to say in front of two central banksFXStreet
- FX Daily: Swiss franc becomes favourite funding currencyING Think
- The Euro is not rallying, the British Pound Sterling is being demotedFXStreet
Carried over from earlier days
- Early indications for the FX market this weekInvestingLive
- EUR/GBP Price Forecast: In a positive trend with bulls eyeing 0.8555 resistanceFXStreet
- 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
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Tuesday, July 28 | ||
| ADP Weekly Employment Change | USD | |
| Goods Trade Balance | -100.3B | USD |
| Prelim Wholesale Inventories m/m | 0.4% | USD |
| HPI m/m | 0.1% | USD |
| S&P/CS Composite-20 HPI y/y | 1.3% | USD |
| CB Consumer Confidence | 92.4 | USD |
| Richmond Manufacturing Index | 7 | USD |
| API Weekly Statistical Bulletin | USD | |