GBP/USD bias flipped 2 times to neutral on August 27, 2026
The British Pound remains under pressure against a firmer US Dollar, hovering near weekly lows below 1.3600. The Dollar has been supported by revived Federal Reserve rate hike bets, reinforced by sticky PCE inflation data and higher yields, which continues to weigh on GBPUSD.
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
- 00:00Neutral
- 08:12Bearish
- 09:22Neutral
Headlines (14)
First seen on August 27
- British Pound languishes near weekly low, below 1.3600 as USD bulls await Warsh's speechFXStreet
- Pound Sterling Extends Pullback Against Euro and Dollar in Wake of PCE Numberspoundsterlinglive.com
- British Pound extends losses as US Dollar holds ground on Fed rate hike betsFXStreet
- British Pound finds support near weekly low as fiscal woes and rate gap weigh on YenFXStreet
- US Dollar Edges HigherInvesting.com
- Kickstart the NA session with a technical look at the EURUSD, USDJPY and GBPUSD: Key levels in playInvestingLive
Carried over from earlier days
- Pound Sterling Rally Against Euro and Dollar Challenged by Burnham Tax Hike Headlinespoundsterlinglive.com
- Preview, today: Fed's favoured inflation gauge lands two days before Warsh's Jackson Hole speechInvestingLive
- British Pound retreats as sticky PCE inflation keeps Fed hike bets aliveFXStreet
- Forex Today: US Dollar firms ahead of Jackson HoleFXStreet
- Both the EURUSD and GBPUSD are lower on the day, but one is more bearish technically. Which one is it?InvestingLive
- investingLive Americas FX news wrap 26 Aug The USD is mostly higher with higher yields the catalystInvestingLive
- UK Retail Activity Slumps in August: CBIHellenic Shipping News
- The British Pound stops dead where American data left itFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, August 27 | ||
| Prelim Wholesale Inventories m/m | 0.2% | USD |
| Unemployment Claims | 208K | USD |
| Goods Trade Balance | -100.8B | USD |
| Natural Gas Storage | 19B | USD |
| 30-y Bond Auction | GBP | |
| Friday, August 28 | ||
| FOMC Member Hammack Speaks | USD | |
| Chicago PMI | 57.9 | USD |
| Revised UoM Inflation Expectations | USD | |