GBP/USD bias flipped 16 times to neutral on August 5, 2026
The British Pound has found support against a broadly softer US Dollar, as risk-on flows and soft US labor data (JOLTS) weigh on the greenback. The US Dollar Index is subdued below 100.00 ahead of US data, while falling oil prices also pressure the currency. Meanwhile, UK-specific factors appear to have little impact on the pair, with the Pound driven primarily by dollar dynamics.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 16 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 bearish
- 00:23Bearish
- 02:31Weak bullish
- 04:56Weak bearish
- 05:48Bearish
- 06:24Weak bullish
- 08:42Bullish
- 09:06Neutral
- 10:34Weak bullish
- 13:07Bullish
- 13:19Neutral
- 16:07Bullish
- 20:40Weak bearish
- 20:44Bearish
- 20:48Neutral
- 21:20Bullish
- 22:04Neutral
Headlines (11)
First seen on August 5
- Forex Today: US Dollar struggles as risk flows dominate marketsFXStreet
- United States Dollar Index trades subduedly below 100.00 ahead of US dataFXStreet
- Forex Today: Gold surges above $4,240 as US labor data crumblesFXStreet
Carried over from earlier days
- Appointment of Chair and Deputy Chair of the Enforcement Decision Making Committee (EDMC)bankofengland.co.uk
- 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
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Wednesday, August 5 | ||
| FOMC Member Schmid Speaks | USD | |
| Final Services PMI | 51.8 | GBP |
| ADP Non-Farm Employment Change | 68K | USD |
| Final Services PMI | 53.6 | USD |
| ISM Services PMI | 54.5 | USD |
| Crude Oil Inventories | -1.5M | USD |
| FOMC Member Cook Speaks | USD | |
| President Trump Speaks | USD | |