GBP/USD hits 1.3350 as dollar slips on Fed uncertainty: Oct 18, 2026
GBP/USD climbed to three-week highs near 1.3350 as the US dollar weakened on uncertainty around Federal Reserve policy. The move leaves sterling set to snap a seven-week losing run, with focus on Bank of England Governor Bailey's comments in Bangkok and contrasting views on interest-rate bets.
Updated
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Headlines (9)
Carried over from earlier days
- GBP/USD Price Forecast: Extends recovery to near 1.3300 ahead of Fed Warsh’s speechFXStreet
- British Pound gathers strength to near 1.3300 on Fed policy uncertaintyFXStreet
- GBP/USD Rebounds on Dollar Weakness, but EUR/GBP and GBP/CHF Hold the Sterling VerdictActionForex
- Pound Sterling: Bailey Backing from Bangkokpoundsterlinglive.com
- Sterling today: Pound set to snap 7-week losing run as dollar slips on AI fearsInvesting.com
- In Bangkok, central bankers push back on market rate-tightening betsFinancial Times
- British Pound hits three-week highs near 1.3350 as the US Dollar tumblesFXStreet
- British Pound breaks 1.3350 as Warsh stays vague, BoE hike bets buildFXStreet
- British Pound: Weekly outside reversal eyes 1.3650 against US Dollar – ScotiabankFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Sunday, October 18 | ||
| Rightmove HPI m/m | GBP | |
| Monday, October 19 | ||
| NAHB Housing Market Index | 31 | USD |
| Tuesday, October 20 | ||
| Average Earnings Index 3m/y | 3.8% | GBP |
| Claimant Count Change | 19.4K | GBP |
| Unemployment Rate | 4.9% | GBP |
| 10-y Bond Auction | GBP | |
| ADP Weekly Employment Change | USD | |
| Building Permits | 1.39M | USD |