GBP/USD bias flipped 10 times to weak bullish on August 3, 2026
Sterling slipped to the 1.3450 area after UK Manufacturing PMI was revised lower, while the dollar initially held ground despite joint yen intervention. However, the greenback later weakened as the US and Iran renewed diplomatic efforts, which also weighed on oil prices and supported risk sentiment. These crosscurrents left GBPUSD sensitive to shifting US policy headlines and UK data revisions.
Updated
The reading that day
Weak bullishAt 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
- 01:56Bullish
- 06:41Bearish
- 07:01Bullish
- 08:17Neutral
- 09:53Bearish
- 10:13Neutral
- 12:06Weak bullish
- 14:06Neutral
- 16:41Bearish
- 20:45Weak bullish
Headlines (16)
First seen on August 3
- United States Dollar Index weakens below 100.00 as Trump says new Iran talks would begin MondayFXStreet
- GBP/USD: August Has Been the Pair’s Most Bearish MonthInvesting.com
- Forex Today: Mood improves as US and Iran renew push for diplomatic solutionFXStreet
- Sterling today: Pound slips as dollar holds ground despite joint yen interventionInvesting.com
- Appointment of Chair and Deputy Chair of the Enforcement Decision Making Committee (EDMC)bankofengland.co.uk
- British Pound eases to 1.3450 area following downwardly revised Manufacturing PMI dataFXStreet
- WH NEC Kevin Hassett: US inflation numbers have been fantasticInvestingLive
- Forex Today: Oil collapses on Iran talks, Yen holds gainsFXStreet
Carried over from earlier days
- The Weekly Bottom Line: Markets Issue a Yellow Card to the FedActionForex
- ECB official warns climate crisis poses growing threat to ‘core financial stability’The Guardian
- CFTC Report: Bearish FX extremes deepen as cross-asset signals divergeFXStreet
- The Bank of England Is Moving Away From CoalOilPrice.com
- If the Fed trusts this single 2.2% metric, Bitcoin could break $65.3k and ignite a path to $68kCryptoSlate
- Why Andy Burnham’s devolution pledge will be tricky to deliverThe Guardian
- Treasury sell-off shows Fed must reinforce inflation credibility, Musalem saysHellenic Shipping News
- Monday open indicative forex prices, 03 August 2026InvestingLive
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, August 3 | ||
| Final Manufacturing PMI | 52.8 | GBP |
| Final Manufacturing PMI | 53.8 | USD |
| ISM Manufacturing PMI | 54.0 | USD |
| Construction Spending m/m | 0.2% | USD |
| ISM Manufacturing Prices | 70.0 | USD |
| Omdia Total Vehicle Sales | 16.3M | USD |
| Loan Officer Survey | USD | |
| Tuesday, August 4 | ||
| Trade Balance | -73.0B | USD |