GBP/USD bias flipped 9 times to bearish on August 6, 2026
GBPUSD is being driven primarily by US dollar dynamics, as UK-specific news has little impact on the pound. Headlines indicate the dollar is reacting to weaker US labor data and a subdued Dollar Index, while risk flows also influence its direction. Meanwhile, sterling remains range-bound, so the pair's moves are tied to the greenback's performance ahead of upcoming US data.
Updated
The reading that day
BearishAt the close of the UTC day.
BearishNeutralBullish
It changed 9 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
- 01:20Bearish
- 05:35Neutral
- 12:13Weak bearish
- 12:17Bearish
- 15:54Weak bullish
- 16:06Neutral
- 19:30Weak bullish
- 20:54Neutral
- 22:03Bearish
Headlines (13)
First seen on August 6
- The USD is mostly higher vs the major currencies to start the NA sessionInvestingLive
- Forex Today: US Dollar firms ahead of Nonfarm Payrolls as Hormuz risk returnsFXStreet
Carried over from earlier days
- 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
- Forex Today: US Dollar struggles as risk flows dominate marketsFXStreet
- Sterling today: Pound holds above $1.34 as dollar stays firm on Fed hike riskInvesting.com
- United States Dollar Index trades subduedly below 100.00 ahead of US dataFXStreet
- British Pound: Sterling pressured into autumn against Euro – RabobankFXStreet
- Forex Today: Gold surges above $4,240 as US labor data crumblesFXStreet
- Pound Sterling cannot break its range with Britain on recessFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, August 6 | ||
| FOMC Member Daly Speaks | USD | |
| Construction PMI | 40.0 | GBP |
| Challenger Job Cuts y/y | USD | |
| Unemployment Claims | 203K | USD |
| Prelim Nonfarm Productivity q/q | 0.6% | USD |
| Prelim Unit Labor Costs q/q | 2.2% | USD |
| Final Wholesale Inventories m/m | 0.3% | USD |
| Natural Gas Storage | 30B | USD |