GBP/USD bias flipped 9 times to neutral on September 28, 2026
The pound has edged higher against the U.S. dollar as Bank of England members have pointed to upside inflation risks, with building expectations that rates could rise if pressures grow. The move has come even as U.S. yields rose and despite a hawkish Fed, with U.S. data testing the dollar's rally. Traders are also weighing a weak growth outlook, oil price moves, geopolitical tensions and broader central bank signals.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 9 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
- 01:20Bullish
- 08:30Weak bearish
- 08:45Bearish
- 09:00Neutral
- 09:40Weak bullish
- 10:05Neutral
- 10:25Weak bullish
- 10:40Bullish
- 15:35Neutral
Headlines (14)
First seen on September 28
- British Pound gains as US Dollar weakens despite hawkish Fed, geopolitical tensionsFXStreet
- Sunrise Market CommentaryActionForex
- EUR/GBP Price Forecast: Fails at 0.8610 amid higher Oil prices, BoE hawkishnessFXStreet
- GBP Money Markets: High premium for terming outING Think
- GBP: Inflation risks and weak growth outlook – HSBCFXStreet
- Sterling today: Pound edges higher as U.S. data tests dollar rallyInvesting.com
- BoE’s Ramsden warns upside inflation risks may spur rate hikesFXStreet
- Bank of England may raise rates if inflation pressures growInvesting.com
- British Pound gains as several BoE members warn of upside inflation risksFXStreet
- Ramsden Says Rate Holds Already Tightened Policy as BoE Pushes QT Into BackgroundActionForex
- British Pound gains against the Euro as traders assess central bank signalsFXStreet
- Pound Sterling Tracks Oil To Register Gains Against Euro and Dollarpoundsterlinglive.com
- British Pound defies US yields surge as BoE hike bets buildFXStreet
Carried over from earlier days
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, September 28 | ||
| MPC Member Ramsden Speaks | GBP | |
| FOMC Member Bowman Speaks | USD | |
| FOMC Member Cook Speaks | USD | |
| FOMC Member Barkin Speaks | USD | |
| BRC Shop Price Index y/y | 1.5% | GBP |
| Tuesday, September 29 | ||
| Net Lending to Individuals m/m | 6.2B | GBP |
| Mortgage Approvals | 56K | GBP |
| M4 Money Supply m/m | 0.1% | GBP |