GBP/USD bias held weak bearish on October 11, 2026
Market focus is on the Federal Reserve's next decision, with reporting that the 2% inflation target may not stop a rate freeze. This is relevant for GBP/USD because it concerns the U.S. dollar side of the pair.
Updated
The reading that day
Weak bearishAt the close of the UTC day.
BearishNeutralBullish
It held all 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
Headlines (9)
Carried over from earlier days
- Pound Sterling Gains Rate Support as Bailey Hardens His Stance on Inflationpoundsterlinglive.com
- Euro picks up against British Pound with French debt, Oil prices still weighingFXStreet
- British Pound extends intraday gains above 209.50 as fiscal woes weigh on YenFXStreet
- Sterling today: Pound edges up as dollar dips on Treasury pauseInvesting.com
- British Pound gains ground as Japanese Yen underperformsFXStreet
- Week Ahead – US CPI, France’s Budget Crisis and Q3 Earnings to Set the Market ToneActionForex
- British Pound holds ground as US Consumer Sentiment deterioratesFXStreet
- GBP/USD Faces a Fiscal Test as 30-Year Gilt Yields Top 6%Investing.com
- Inflation target of 2% may not stop the next Fed rate freezeCryptoSlate
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Sunday, October 11 | ||
| Fed Monetary Policy Report | USD | |
| Monday, October 12 | ||
| MPC Member Breeden Speaks | GBP | |
| MPC Member Mann Speaks | GBP | |
| FOMC Member Hammack Speaks | USD | |
| BRC Retail Sales Monitor y/y | 0.8% | GBP |
| Bank Holiday | USD | |
| Tuesday, October 13 | ||
| MPC Member Greene Speaks | GBP | |
| FOMC Member Waller Speaks | USD | |