GBP/USD bias flipped 13 times to weak bullish on August 10, 2026
The British Pound has been driven by a mix of geopolitical and economic factors, with Hormuz tensions supporting the US Dollar as oil surges, while soft US jobs data has weighed on the greenback. Sterling recently tested 1.3500 as the dollar struggled to recover from the NFP shock, and traders now look ahead to UK Q2 GDP data and US CPI figures for further direction.
Updated
The reading that day
Weak bullishAt the close of the UTC day.
BearishNeutralBullish
It changed 13 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
- 02:01Bearish
- 06:34Neutral
- 07:26Bearish
- 08:02Neutral
- 08:10Bullish
- 08:30Neutral
- 10:30Weak bullish
- 11:14Neutral
- 11:34Weak bullish
- 16:50Bearish
- 18:51Neutral
- 18:55Bearish
- 18:59Weak bullish
Headlines (14)
First seen on August 10
- British Pound moves away from multi-week top as Hormuz risks support USDFXStreet
- British Pound outperforms at the start of the UK Q2 GDP data weekFXStreet
- Forex Today: Post-NFP US Dollar selloff pausesFXStreet
- Euro dips further against the British Pound hit by higher Oil pricesFXStreet
- CNBC Daily Open: Record heatwaves hit Europe's already expensive summerCNBC
- British Pound rallies to over one-week high as fiscal woes and rate gap hammer YenFXStreet
- Sterling today: Pound firms as soft U.S. jobs data weighs on dollarInvesting.com
- British Pound tests 1.3500 as US Dollar struggles to shake off NFP shockFXStreet
- US Dollar: Positioning-driven softness ahead of CPI – BNYFXStreet
- British Pound climbs as Hormuz talks stall, US CPI up nextFXStreet
- Forex Today: US Dollar firms as Oil surges on HormuzFXStreet
Carried over from earlier days
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 | 1.6% | GBP |
| 30-y Bond Auction | GBP | |
| 10-y Bond Auction | GBP | |
| Tuesday, August 11 | ||
| NFIB Small Business Index | 97.5 | USD |
| ADP Weekly Employment Change | USD | |
| Existing Home Sales | 4.05M | USD |