GBP/USD bias turned neutral on September 5, 2026
Sterling’s rally stalled as a stronger-than-expected US jobs report reinforced expectations for a September Federal Reserve rate hike, boosting the US dollar. Meanwhile, Bank of England Governor Bailey’s comments dampened hopes for UK rate increases, pulling the pound back from session highs. These factors combined to keep GBPUSD under pressure amid two-sided volatility.
Updated
The reading that day
NeutralAt 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
- 03:25Neutral
Headlines (13)
Carried over from earlier days
- 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
- The British Pound bounces on a hike argument that lost 6-3 in JulyFXStreet
- Catch-up: Waller sent stocks rocketing higher in the USInvestingLive
- Sterling today: Pound firms as soft dollar outweighs UK gilt jittersInvesting.com
- British Pound pulls back from session highs as BoE Bailey tames rate hike hopesFXStreet
- U.S. job growth smashes expectations in August, unemployment rate remains flatInvesting.com
- Strong August US payrolls report bolsters odds of September rate riseFinancial Times
- US jobs report beats all expectations, boosts case for a September hikeING Think
- British Pound trims losses against US Dollar after NFP-driven volatilityFXStreet
- United States Dollar Index rises as strong NFP revives Fed hike betsFXStreet
- Sterling’s rally stalls as US jobs data reopens Fed debateFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, September 7 | ||
| Lloyds HPI m/m | 0.2% | GBP |
| BRC Retail Sales Monitor y/y | 1.2% | GBP |
| Bank Holiday | USD | |
| Tuesday, September 8 | ||
| NFIB Small Business Index | 99.2 | USD |
| Consumer Credit m/m | 13.2B | USD |
| Wednesday, September 9 | ||
| 10-y Bond Auction | USD | |
| API Weekly Statistical Bulletin | USD | |
| RICS House Price Balance | -31% | GBP |