GBP/USD bias flipped 12 times to weak bearish on August 4, 2026
The British pound is trading higher against the U.S. dollar, supported by a softer dollar after weak JOLTS data and lower oil prices. However, the greenback is holding gains amid Middle East uncertainty and hawkish Federal Reserve expectations, which could limit further sterling gains. External factors, rather than UK-specific news, are currently the primary driver of GBP/USD.
Updated
The reading that day
Weak bearishAt the close of the UTC day.
BearishNeutralBullish
It changed 12 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
- 00:04Neutral
- 01:32Bearish
- 08:49Neutral
- 09:09Weak bullish
- 10:58Neutral
- 12:26Weak bullish
- 15:55Bullish
- 16:27Neutral
- 18:38Weak bullish
- 19:26Weak bearish
- 19:42Neutral
- 19:54Weak bearish
Headlines (17)
First seen on August 4
- Forex Today: Mideast uncertainty keeps USD supported ahead of next batch of US dataFXStreet
- Euro stalls against British Pound as geopolitical uncertainty grips marketsFXStreet
- United States Dollar holds gains amid Middle East uncertainty, hawkish Fed oddsFXStreet
- British Pound scales higher as fiscal concerns weigh on YenFXStreet
- The Morning Kickstart: Markets Open with Risk-On ToneInvestingLive
- British Pound rebounds as soft JOLTS, Oil fall pressures the USDFXStreet
- British Pound: Range trade with upside risk against US Dollar – ScotiabankFXStreet
- Forex Today: Oil extends collapse on Hormuz reopening reports, Silver surgesFXStreet
- Nothing Britain does moves the Pound against the DollarFXStreet
Carried over from earlier days
- Monday open indicative forex prices, 03 August 2026InvestingLive
- United States Dollar Index weakens below 100.00 as Trump says new Iran talks would begin MondayFXStreet
- 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
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Tuesday, August 4 | ||
| Trade Balance | -73.0B | USD |
| Factory Orders m/m | 0.2% | USD |
| JOLTS Job Openings | 7.44M | USD |
| RCM/TIPP Economic Optimism | 47.5 | USD |
| API Weekly Statistical Bulletin | USD | |
| Wednesday, August 5 | ||
| FOMC Member Schmid Speaks | USD | |
| Final Services PMI | 51.8 | GBP |
| ADP Non-Farm Employment Change | 68K | USD |