GBP/USD bias flipped 10 times to weak bullish on August 20, 2026
The British Pound strengthened against a softer US Dollar, which was pressured by Treasury bond buybacks. Additionally, UK inflation data reinforced market expectations of further rate hikes by the Bank of England, providing further support for GBP/USD.
Updated
The reading that day
Weak bullishAt the close of the UTC day.
BearishNeutralBullish
It changed 10 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
- 03:16Bullish
- 03:33Weak bullish
- 05:19Neutral
- 06:04Weak bearish
- 07:11Bullish
- 08:23Neutral
- 09:16Bullish
- 13:28Weak bearish
- 14:10Neutral
- 23:14Weak bullish
Headlines (16)
First seen on August 20
- The Dollar Index answers to the Treasury, not the FedFXStreet
- Forex Today: US Dollar sinks on Treasury buyback ahead of data-heavy ThursdayFXStreet
- Pound Sterling's best level since May was made in WashingtonFXStreet
- British Pound gains as US Dollar softens on Treasury bond buybacksFXStreet
- British Pound climbs as UK inflation keeps BoE hike bets aliveFXStreet
Carried over from earlier days
- investingLive Asia-Pacific market news: Diesel crack hits record $102, gold fell under $4400InvestingLive
- United Kingdom Unemployment Rate stays at 4.9% in June vs. 4.8% expectedFXStreet
- Sterling today: Pound slips as dollar firms on energy, yieldsInvesting.com
- British Pound steadies as weak US data counters Iran riskFXStreet
- The Fed minutes are coming —and they’re more crucial now as Warsh limits his communicationMarketWatch
- UK Labour Weakness Deepens the Case Against Further BoE TighteningInvesting.com
- British Pound declines below 1.3550 on soft UK labour figures, traders brace for CPI dataFXStreet
- UK CPI set to show inflation rebounding to four-month high due to higher energy billFXStreet
- GBP/USD Price Forecast: More upside expected above 1.3570FXStreet
- investingLive European session wrap: Dollar cools on mixed markets, UK inflation picks up in JulyInvestingLive
- Futures Flat With All Eyes On Interest Rates And OilZeroHedge
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, August 20 | ||
| CBI Industrial Order Expectations | -40 | GBP |
| Philly Fed Manufacturing Index | 24.1 | USD |
| Unemployment Claims | 210K | USD |
| CB Leading Index m/m | 0.1% | USD |
| Natural Gas Storage | 15B | USD |
| FOMC Member Musalem Speaks | USD | |
| GfK Consumer Confidence | -18 | GBP |
| Friday, August 21 | ||
| Retail Sales m/m | -0.5% | GBP |