GBP/USD bias turned weak bullish on August 23, 2026
The pound may find support as the latest headline shows UK services activity unexpectedly strengthened, suggesting resilience in the UK economy. This development can influence GBPUSD by potentially shaping expectations around the Bank of England's policy stance, though the exact market reaction remains to be seen.
Updated
The reading that day
Weak bullishAt the close of the UTC day.
BearishNeutralBullish
It changed once 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
- 00:00Bearish
- 21:03Weak bullish
Headlines (9)
First seen on August 23
- UK Services Activity Unexpectedly StrengthensHellenic Shipping News
Carried over from earlier days
- Kickstart the North American session: The USD is lower vs the 3 major currency pairs.InvestingLive
- Dollar falls alongside bond yields in final stretch of the weekInvestingLive
- Futures Rise On Opex Day As Yields Stabilize; Bitcoin Almost Tags $80,000ZeroHedge
- British Pound eases as UK sales drop, US services beat forecastsFXStreet
- Market Quick Take - Treasury yields rise and Walmart slides as Jackson Hole comes into view - 21 August 2026home.saxo
- US Dollar Weekly Forecast: The US Dollar’s new enemy is the bond marketFXStreet
- US PMI Composite Hits 52-Month High as Services Drive August AccelerationActionForex
- Dollar Selloff Deepens and Broadens — What Changed?ActionForex
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, August 24 | ||
| Treasury Sec Bessent Speaks | USD | |
| CBI Realized Sales | GBP | |
| Tuesday, August 25 | ||
| ADP Weekly Employment Change | USD | |
| HPI m/m | 0.2% | USD |
| S&P/CS Composite-20 HPI y/y | 1.9% | USD |
| CB Consumer Confidence | 90.3 | USD |
| Richmond Manufacturing Index | 7 | USD |
| New Home Sales | 620K | USD |