GBP/USD bias flipped 18 times to neutral on August 12, 2026
The British pound drifted lower against a steadier US dollar as traders awaited the latest US CPI report, which is due imminently. The pound has stalled at a July high, with range trading reflecting a diminishing policy rate differential between the UK and US. The inflation data is the key near-term event for the pair.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 18 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
- 07:11Weak bullish
- 07:35Neutral
- 11:40Weak bullish
- 12:12Neutral
- 12:34Bullish
- 12:50Neutral
- 13:14Bearish
- 13:18Neutral
- 13:22Bullish
- 13:26Neutral
- 14:38Bullish
- 14:42Neutral
- 15:19Weak bullish
- 15:40Neutral
- 16:02Bullish
- 16:15Neutral
- 21:06Weak bearish
- 21:10Neutral
Headlines (18)
First seen on August 12
- British Pound loses as rising US Dollar, geopolitical tensions weigh on sentimentFXStreet
- US CPI to Set the ToneActionForex
- What are the main events for today?InvestingLive
- What is the distribution of forecasts for the US CPI?InvestingLive
- The latest report on U.S. inflation is just minutes away — follow liveMarketWatch
- Kickstart video for August 12: US Dollar is lower ahead of key CPI reportInvestingLive
- The USD moves lower after CPI data comes in as expected. What are traders watching technically? Find out here.InvestingLive
- US Dollar: Bearish momentum extends after CPI – TD SecuritiesFXStreet
- The USDs fall fizzles. The declines are retraced and then someInvestingLive
- Pound Sterling runs out of room at the July highFXStreet
Carried over from earlier days
- British Pound moves away from multi-week top as Hormuz risks support USDFXStreet
- Forex Today: Post-NFP US Dollar selloff pausesFXStreet
- 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
- British Pound climbs as Hormuz talks stall, US CPI up nextFXStreet
- Forex Today: US Dollar firms as Oil surges on HormuzFXStreet
- Sterling today: Pound drifts lower as dollar steadies before U.S. CPIInvesting.com
- GBP/USD Range Trade Reflects a Vanishing Policy Rate DifferentialInvesting.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Wednesday, August 12 | ||
| Core CPI y/y | 2.5% | USD |
| CPI m/m | 0.1% | USD |
| Core CPI m/m | 0.2% | USD |
| CPI y/y | 3.4% | USD |
| Crude Oil Inventories | -1.7M | USD |
| 10-y Bond Auction | USD | |
| 30-y Bond Auction | USD | |
| Federal Budget Balance | -348.3B | USD |