GBP/USD bias flipped 7 times to neutral on October 12, 2026
The pound-dollar pair has been moving with shifts in the U.S. dollar, which has alternated between softness on hopes for a Russia-Ukraine energy ceasefire and softer bond yields, and strength to a 17-month high on changing Fed expectations. The pound has also been shaped by uncertainty around the Bank of England's outlook as rising oil prices cloud expectations, with market attention on upcoming U.S. CPI data and Fed speakers.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It changed 7 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
- 01:55Weak bullish
- 06:01Bullish
- 08:46Neutral
- 10:51Bullish
- 11:07Neutral
- 12:17Bullish
- 19:43Neutral
Headlines (14)
First seen on October 12
- British Pound gains positive traction as USD remains depressed on softer bond yieldsFXStreet
- GBP/USD Price Forecast: Edges higher near 1.3250, but technical tone stays bearish below 100-day SMAFXStreet
- Forex Today: US Dollar softens amid hopes of Russia-Ukraine energy ceasefireFXStreet
- Euro hovers near 17-month low against the British Pound as debt woes weighFXStreet
- British Pound approaches 210.00 vs weak Yen as range play remains intactFXStreet
- Sterling today: Pound edges up, euro slips as Fed bets back dollarInvesting.com
- G10 FX Talking: Independent euro weakness in playING Think
- GBP/USD Daily OutlookActionForex
- British Pound erases early gains against US Dollar, US CPI in focusFXStreet
- 0.8447 under pressure: EUR/GBP tests 16-month lows with France in the spotlightFXStreet
- British Pound loses ground as Oil rise clouds BoE’s hawkish outlookFXStreet
- Euro hits fresh yearly low against British Pound as French fiscal concerns weighFXStreet
- FX Today: US Dollar hits 17-month high, RBA minutes and Fed speaking, up nextFXStreet
Carried over from earlier days
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, October 12 | ||
| MPC Member Breeden Speaks | GBP | |
| Bank Holiday | USD | |
| MPC Member Mann Speaks | GBP | |
| FOMC Member Hammack Speaks | USD | |
| BRC Retail Sales Monitor y/y | 0.8% | GBP |
| Tuesday, October 13 | ||
| MPC Member Greene Speaks | GBP | |
| FOMC Member Waller Speaks | USD | |
| NFIB Small Business Index | 98.1 | USD |