GBP/USD bias turned neutral on September 12, 2026
The British Pound initially jumped following strong UK monthly GDP data, but those gains were later trimmed or reversed as markets turned attention to upcoming US inflation figures. The Bank of England is widely expected to keep rates on hold, though market pricing remains aggressive, while sticky US inflation could support further Fed rate hikes, contributing to rising global yields. The currency pair's movements reflect these shifting expectations around central bank policy and economic data.
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
- 00:00Weak bullish
- 00:16Neutral
Headlines (13)
Carried over from earlier days
- GBP/USD Hits 2-Week High as Markets Reassess the Bank of England’s StanceInvesting.com
- Kickstart the NA trading day with a technical look at the EURUSD, USDJPY and GBPUSD. What levels are key.InvestingLive
- British Pound feels the heat as hot PPI puts Fed hike in playFXStreet
- Forex Today: US Dollar rebounds on hot PPI ahead of US CPIFXStreet
- GBP/USD Faces a Policy Split as the Fed and BoE Near Key DecisionsInvesting.com
- British Pound jumps after strong UK monthly GDP dataFXStreet
- Pound Sterling Gains on Euro, Dollar Following GDP Surprisepoundsterlinglive.com
- The FX Trader: Global yields explode higher, but JPY steady.home.saxo
- GBP/USD Price Forecast: Flat lines near 1.3500 as bulls shrug off UK GDP ahead of US CPIFXStreet
- Why the Bank of England might not be as hawkish as you thinkING Think
- Bank of England Preview – On Hold Amid Aggressive Market PricingActionForex
- Reaction: Markets rebound after the initial reactions are reversed. .InvestingLive
- Sticky US inflation justifies a Fed rate hikeING Think
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, September 14 | ||
| CB Leading Index m/m | GBP | |
| Tuesday, September 15 | ||
| Claimant Count Change | 8.3K | GBP |
| Unemployment Rate | 4.9% | GBP |
| Average Earnings Index 3m/y | 3.9% | GBP |
| ADP Weekly Employment Change | USD | |
| Empire State Manufacturing Index | 14.1 | USD |
| API Weekly Statistical Bulletin | USD | |
| CBI Industrial Order Expectations | GBP | |