GBP/USD bias held weak bullish on August 9, 2026
Trading in GBPUSD is being influenced by shifting expectations for Federal Reserve policy, with recent headlines indicating that odds of a September hold have risen, which may weigh on the dollar. Additionally, CFTC data points to notable FX repositioning, suggesting that market participants are adjusting their currency positions. These factors are contributing to the current dynamics in the pound-dollar pair, though no clear directional bias is evident.
Updated
The reading that day
Weak bullishAt 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
- 00:00Weak bullish
Headlines (15)
First seen on August 9
- Here are the 2 big things we're watching in the stock market in the week aheadCNBC
- Fed Hike Bets Crack as September Hold Odds Storm Into LeadBitcoin.com News
Carried over from earlier days
- British Pound remains weaker as UK-US yields narrow, US Dollar strengthensFXStreet
- Euro steadies against the British Pound following another rejection at the 0.8580 areaFXStreet
- How have interest rate expectations changed after this week's events?InvestingLive
- US Non-Farm Payrolls Contract -23k. Revisions Expose Deeper Labor Market WeaknessActionForex
- Week Ahead – US CPI Data, BoJ Summary and RBA Decision Take the StageActionForex
- Week Ahead for FX, Bonds: U.S. Inflation Data in FocusThe Wall Street Journal
- Markets Question Fed's Inflation Resolve After July FOMC MeetingGold Eagle
- FX Talking: Caught between war and WarshHellenic Shipping News
- GBP/USD Price Forecast: Bulls need 1.3560 to unlock 1.3600FXStreet
- GBP/USD Carry Advantage Faces a Critical Test From September PolicyInvesting.com
- GBP/JPY Price Forecast: Rebound holds above 200-day SMAFXStreet
- G10 FX Talking: The narrow path to a weaker dollarHellenic Shipping News
- CFTC Report: FX repositioning dominates as commodities divergeFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, August 10 | ||
| Cleveland Fed Inflation Expectations | USD | |
| FOMC Member Hammack Speaks | USD | |
| BRC Retail Sales Monitor y/y | 1.5% | GBP |
| 30-y Bond Auction | GBP | |
| 10-y Bond Auction | GBP | |
| Tuesday, August 11 | ||
| NFIB Small Business Index | 97.8 | USD |
| ADP Weekly Employment Change | USD | |
| Existing Home Sales | 4.05M | USD |