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GBP/USD bias held neutral on August 2, 2026

Market attention is on the Federal Reserve's credibility following a recent Treasury sell-off, with a top central bank official warning that the bond market's reaction signals the need to reinforce inflation credibility. Additionally, the latest CFTC report highlights deepening bearish extremes in FX positioning, which may influence dollar dynamics. These factors contribute to a cautious tone for GBPUSD as traders weigh central bank policy signals and positioning data.

Updated

The reading that day

NeutralAt the close of the UTC day.
BearishNeutralBullish

It held all 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

Headlines (23)

First seen on August 2

Carried over from earlier days

Scheduled events

As of

EventForecastCurrency
Monday, August 3
Final Manufacturing PMI52.8GBP
Final Manufacturing PMI53.8USD
ISM Manufacturing PMI54.0USD
Construction Spending m/m0.2%USD
ISM Manufacturing Prices70.0USD
Omdia Total Vehicle Sales16.3MUSD
Loan Officer SurveyUSD
Tuesday, August 4
Trade Balance-73.0BUSD

August 2 on other markets

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