GBP/USD bias flipped 15 times to weak bullish on September 3, 2026
GBPUSD is being driven primarily by dollar movements, which hinge on shifting expectations for Federal Reserve policy: a hawkish Fed outlook and higher US yields have recently strengthened the dollar and pushed the pair lower, while periodic doubts about rate hikes have provided brief rebounds. The Bank of England's policy stance adds another layer, as an official's support for a hike to 4% highlights inflation concerns, but the recent vote loss suggests internal division. Risk aversion, tied to geopolitical tensions like Iran, further complicates the outlook.
Updated
The reading that day
It changed 15 times during the day.
The day on the wire
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 bearish
- 01:15Neutral
- 08:14Weak bearish
- 08:34Neutral
- 08:49Bullish
- 10:05Weak bearish
- 13:51Bullish
- 14:31Neutral
- 15:31Bullish
- 15:46Neutral
- 17:39Bullish
- 18:29Weak bullish
- 18:44Neutral
- 20:49Weak bearish
- 21:45Neutral
- 22:30Weak bullish
Headlines (14)
First seen on September 3
- British Pound gains capped as fiscal, geopolitical risks persistFXStreet
- Sterling today: Pound firms as dollar softens on Fed rate-hike doubtsInvesting.com
- GBP/USD at 2-Week Low: Risk Aversion Takes HoldInvesting.com
- British Pound rises as Fed’s Waller tempers Fed hike bets before NFPFXStreet
- BoE’s Pill backs rate hike to 4% to limit inflation catch-up effectsFXStreet
- The British Pound bounces on a hike argument that lost 6-3 in JulyFXStreet
Carried over from earlier days
- British Pound stalls as mixed US data keeps Fed hawkish bets aliveFXStreet
- USD moves to new highs vs most of the major currencies. What next for the major currency pairs?InvestingLive
- British Pound drops as US Dollar strengthens on rising US yields, higher oil pricesFXStreet
- Sterling today: Pound slips as hawkish Fed outlook lifts dollar broadlyInvesting.com
- British Pound hits three-week low as US yields, Iran risks weighFXStreet
- British Pound: Break below 1.35 shifts focus lower against US Dollar – ScotiabankFXStreet
- GBP/USD Selloff Shows Why High Gilt Yields Are Failing to Support SterlingInvesting.com
- Rising gilt yields are not saving the British PoundFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, September 3 | ||
| Final Services PMI | 52.8 | GBP |
| Challenger Job Cuts y/y | USD | |
| Trade Balance | -89.4B | USD |
| Revised Nonfarm Productivity q/q | 1.4% | USD |
| Revised Unit Labor Costs q/q | 1.3% | USD |
| FOMC Member Waller Speaks | USD | |
| Unemployment Claims | 205K | USD |
| Final Services PMI | 56.8 | USD |