GBP/USD bias held neutral on August 15, 2026
The British pound rose to a three-month high against the dollar as weaker-than-expected US retail sales data deepened the greenback's slide. A slump in July retail sales, attributed partly to cheaper gas and an Amazon-Prime hangover, reinforced expectations that the Federal Reserve may adopt a dovish stance. This shift in sentiment weighed on the dollar broadly, supporting GBPUSD.
Updated
The reading that day
NeutralAt 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
- 00:00Neutral
Headlines (15)
Carried over from earlier days
- My Thoughts about those Retail Saleswolfstreet.com
- UK GDP expected to show moderate Q2 growthFXStreet
- UK June monthly GDP +0.3% vs 0.0% m/m expectedInvestingLive
- Sterling today: Pound dips as dollar bulls rebuild after CPIInvesting.com
- British Pound recovers early losses against US Dollar, US PPI data eyedFXStreet
- British Pound climbs as soft US inflation data hurt Fed hawkish betsFXStreet
- United Kingdom: Growth resilient as BoE stays on hold – Standard CharteredFXStreet
- Dollar nudges lower on the day amid mixed market moodInvestingLive
- Sterling today: Pound rises as dollar weakens on dovish Fed expectationsInvesting.com
- US Dollar Is Losing Ground, but Will It Last?Investing.com
- Retail sales slump in July. Cheaper gas and Amazon-Prime hangover are the chief culprits.MarketWatch
- July Retail Sales Notch Biggest Drop in Over a YearThe New York Times
- European shares close mostly lower as yields jump; DAX bucks the trendInvestingLive
- British Pound hits three-month high as weak US sales deepen USD slideFXStreet
- investingLive Americas FX news wrap 14 Aug: Stocks finish mixed as yields rise and the dollar fallsInvestingLive
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Sunday, August 16 | ||
| Rightmove HPI m/m | GBP | |
| Monday, August 17 | ||
| Empire State Manufacturing Index | 10.6 | USD |
| NAHB Housing Market Index | 33 | USD |
| TIC Long-Term Purchases | 151.4B | USD |
| CBI Industrial Order Expectations | GBP | |
| Tuesday, August 18 | ||
| Claimant Count Change | 11.2K | GBP |
| Unemployment Rate | 4.8% | GBP |
| Average Earnings Index 3m/y | 4.0% | GBP |