GBP/USD bias flipped 25 times to weak bullish on September 16, 2026
The Federal Reserve raised interest rates to 4%, moving back above Britain's 3.75% after years of holds and cuts. The move was detailed in the Fed's September 2026 FOMC statement and coincided with the Pound trading below its long-run average. At the same time, the British Pound traded mixed after a steady UK employment report, with CPI data eyed next.
Updated
The reading that day
Weak bullishAt the close of the UTC day.
BearishNeutralBullish
It changed 25 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 bearish
- 02:04Neutral
- 05:59Weak bullish
- 06:29Weak bearish
- 06:44Neutral
- 06:59Weak bullish
- 07:14Neutral
- 07:29Weak bearish
- 08:39Neutral
- 09:19Weak bearish
- 11:25Neutral
- 13:05Weak bearish
- 13:20Neutral
- 13:35Weak bullish
- 14:15Neutral
- 15:35Bearish
- 16:05Neutral
- 18:05Bearish
- 19:00Weak bullish
- 19:15Neutral
- 19:50Weak bullish
- 20:05Neutral
- 20:40Weak bullish
- 21:05Neutral
- 23:15Weak bearish
- 23:30Weak bullish
Headlines (18)
First seen on September 16
- British Pound softens below 1.3500 as traders await UK CPI data, Fed rate decisionFXStreet
- Federal Reserve issues FOMC statementfederalreserve.gov
- The full statement from the Federal Reserve Board for September 2026InvestingLive
- After Years of Holds and Cuts, the Fed Just Raised Rates AgainBitcoin.com News
- The Federal Reserve hikes to 4%, back above Britain's 3.75%FXStreet
- The Federal Reserve raises rates on the Dow Jones' 30 corporate borrowersFXStreet
- The technical levels in play for the EURUSD, USDJPY, GBPUSD and USDCAD following the Fed hikeInvestingLive
- The Pound drops below its long-run average as the Fed's rate passes Britain'sFXStreet
Carried over from earlier days
- British Pound weakens to near 1.3500 on Fed hike betsFXStreet
- GBP/USD Daily OutlookActionForex
- British Pound buckles as the US yields rise puts Fed in commandFXStreet
- The Pound tests an August low on the Fed's hike oddsFXStreet
- British Pound pushes against five-week lows following mixed UK employment dataFXStreet
- Pound Sterling in Mixed Fortunes Against Euro and Dollar on Surging Bond Yields and Jobs Reportpoundsterlinglive.com
- Sterling today: Pound fall as UK jobs data disappoints, dollar firmInvesting.com
- British Pound trades mixed after steady UK employment report, CPI data eyedFXStreet
- British Pound wilts as Oil shock sends US yields past 5%FXStreet
- The Pound drifts lower as the Fed lines up a rate above the Bank of England'sFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Wednesday, September 16 | ||
| Core CPI y/y | 2.6% | GBP |
| PPI Input m/m | 0.6% | GBP |
| PPI Output m/m | 0.5% | GBP |
| CPI y/y | 3.1% | GBP |
| RPI y/y | 3.5% | GBP |
| HPI y/y | 2.1% | GBP |
| Import Prices m/m | 0.4% | USD |
| Core Retail Sales m/m | 0.6% | USD |