GBP/USD bias flipped 11 times to weak bearish on October 1, 2026
The pound has slipped as strong US jobs and factory data lifted the dollar toward 102, with higher US yields and risk-off markets pushing GBP/USD toward the 1.3200 area. Softer US PCE inflation data at times eased that pressure by lowering expectations for Fed rate hikes and supporting a Bank of England-linked bounce in sterling. Focus is also on UK gilt yields around 6% and the upcoming UK Budget announcement as additional context for the pair.
Updated
The reading that day
Weak bearishAt the close of the UTC day.
BearishNeutralBullish
It changed 11 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
- 00:00Bullish
- 02:15Neutral
- 06:01Bearish
- 08:46Neutral
- 09:01Bearish
- 09:26Neutral
- 10:06Bearish
- 10:31Weak bullish
- 11:01Bearish
- 12:06Weak bullish
- 12:56Neutral
- 18:41Weak bearish
Headlines (14)
First seen on October 1
- British Pound retreats further from one-week top as USD buying remains unabatedFXStreet
- GBP/USD Price Forecast: Declines to near 1.3250 as bearish bias persists below 100-day moving averageFXStreet
- Sterling today: Pound slips as global bond rout lifts dollar, gilt yields hit 6%Investing.com
- Pound Sterling Faces Growing Pressure Ahead of UK Budget Announcement. Forecast as of 01.10.2026LiteFinance
- British Pound tests 1.3200 as higher US yields and risk-off markets boost US DollarFXStreet
- British Pound buckles as DXY nears 102 on US jobs, factory strengthFXStreet
Carried over from earlier days
- British Pound recovers slight losses against US Dollar, JOLTS data eyedFXStreet
- The Pound slips to its lowest since June as a BoE hold voter pushes backFXStreet
- Pound: Stronger UK growth and reverse-Brexit risk – MUFGFXStreet
- British Pound rebounds against Japanese Yen as UK growth beats expectationsFXStreet
- Dollar Slides on Softer PCE, Aussie Lags as Sterling Extends BoE RallyActionForex
- UK income growth revised upwards as markets hail ‘resilient’ economyThe Guardian
- The British Pound catches second wind as soft PCE knocks Fed hike betsFXStreet
- The British Pound rallies on a UK growth upgrade and gives more than half backFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, October 1 | ||
| Nationwide HPI m/m | 0.0% | GBP |
| BOE Gov Bailey Speaks | GBP | |
| Final Manufacturing PMI | 52.0 | GBP |
| Challenger Job Cuts y/y | USD | |
| MPC Member Mann Speaks | GBP | |
| Unemployment Claims | 201K | USD |
| FOMC Member Collins Speaks | USD | |
| FOMC Member Schmid Speaks | USD | |