GBP/USD bias flipped 2 times to neutral on August 24, 2026
Sterling is drawing support from unexpectedly strong UK services activity, while the dollar has slipped to its lowest since May on Treasury bond buybacks and policy jitters. However, geopolitical concerns over Iran sanctions have caused the pound to slip from recent highs. GBP/USD holds above 1.3660 as markets weigh central bank expectations, with both the Fed and Bank of England seen on hold this year.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 2 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
- 08:49Bearish
- 12:17Neutral
Headlines (8)
First seen on August 24
- Analysts’ views: forecasters continue to see Fed and Bank of England on hold this yearFinancial Times
- UK economy hands Burnham surprise boost before first budgetInvesting.com
- Sterling today: Pound slips as dollar policy jitters, Iran sanctions weighInvesting.com
- USD Weakness: Is It Here To Stay? Forex Trade Setups This WeekInvesting.com
- Kickstart the FX Trading Day for August 24: Key technical levels for EURUSD, USDJPY and GBPUSDInvestingLive
- GBP/USD Holds Above 1.3660 as the 1.3817 High Comes Into ViewInvesting.com
- Dollar slips to lowest since May as Treasury doubles bond buybacks, what's next?InvestingLive
Carried over from earlier days
- UK Services Activity Unexpectedly StrengthensHellenic Shipping News
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 | |
| S&P/CS Composite-20 HPI y/y | 1.8% | USD |
| HPI m/m | 0.2% | USD |
| CB Consumer Confidence | 90.3 | USD |
| Richmond Manufacturing Index | 6 | USD |
| New Home Sales | 620K | USD |