Bank OF England
78 STORIESFORECASTS1 DAY AGO
US Dollar Forecast: DXY Rebound Faces 102.39 Test as EUR/USD and GBP/USD Challenge ResistanceThe US Dollar Index is attempting to extend its rebound after hotter September inflation data was offset by a sharp rally in Treasuries. EUR/USD and GBP/USD are both nearing important resistance zones that could decide whether recent rebounds continue or stall.
FORECASTS2 DAYS AGO
GBP/USD Forecast: Pound Tests Recovery as US CPI and UK GDP LoomGBP/USD has edged higher to 1.3260, its strongest level since October 7, as traders position for major US and UK economic releases. A move above 1.3287 could strengthen the bullish case toward 1.3350, while failure to hold momentum may refocus attention on 1.3200.
FORECASTS3 DAYS AGO
GBP/USD Signal: Bearish Pattern Keeps 1.3100 in Focus as US CPI LoomsGBP/USD remains under pressure after sliding to the 1.3200 area, with dollar strength and geopolitical tension shaping near-term sentiment. Technical traders are watching the 1.3157 neckline, where a break could reinforce downside risk toward 1.3100.
NEWS4 DAYS AGO
FSB Warns Cross-Border Stablecoin Rules Remain Untested in Severe Market CrisisThe Financial Stability Board says global stablecoins and national rulebooks have not yet faced a severe stress event, leaving open questions over redemptions, reserves and insolvency. The watchdog is urging stronger cross-border information sharing, monitoring and crisis planning as stablecoin capitalization expands.
FORECASTS4 DAYS AGO
GBP/USD Wavers Near 1.3236 as US CPI and UK GDP Data LoomGBP/USD traded near 1.3236 on Monday as higher crude oil prices, rising bond yields and upcoming macro data kept sterling traders cautious. Technical traders are watching 1.3150 and 1.3300 as near term levels while the pair remains caught between bearish momentum and early reversal signals.
FORECASTS4 DAYS AGO
US Dollar Forecast: DXY Holds Firm as EUR/USD and GBP/USD Face Fiscal and Rate-Path TestsThe US dollar remains supported as traders weigh euro-area inflation, French debt concerns, UK budget pressure, and upcoming CPI risk. DXY is holding above key support while EUR/USD and GBP/USD remain sensitive to fiscal credibility and central bank expectations.
FORECASTSOCT 7, 2026
GBP/USD Outlook Turns Fragile as 1.3172 Support Comes Into FocusGBP/USD is holding above a critical support zone after the dollar rally paused ahead of Federal Reserve minutes. Technical traders are watching 1.3172 closely, with a break potentially opening the way toward 1.3000.
FORECASTSOCT 6, 2026
GBP/USD Nears Turning Point as 1.3200 Support Holds FirmGBP/USD is attempting to build a base above 1.3200 after a shift in Federal Reserve rate expectations softened the US Dollar backdrop. Technical traders are watching 1.3250 as the next key resistance level that could clarify whether a broader bullish reversal is underway.
FORECASTSOCT 6, 2026
US Dollar Forecast: DXY Holds Above Key Support as EUR/USD Pressure DeepensThe U.S. Dollar Index remains technically supported as price holds above 101.76 and traders watch 102.49 as the next resistance test. EUR/USD is under pressure near 1.1225, while sterling remains relatively supported by expectations for further Bank of England tightening.
FORECASTSOCT 5, 2026
US Dollar Forecast: Yield Support Keeps DXY Firm as EUR/USD and GBP/USD StruggleThe U.S. dollar remains supported even after softer payrolls weakened expectations for another Federal Reserve rate hike in October. EUR/USD has broken support while GBP/USD is attempting to recover, but both pairs still face important technical barriers.
FORECASTSOCT 4, 2026
BOJ Rate Outlook: Tokyo Inflation Builds Case for Yen Shift as Fed Pause Bets RiseJapan’s hotter Tokyo inflation keeps another Bank of Japan rate increase in play, but mixed business confidence may still support a pause in October. USD/JPY, EUR/JPY and GBP/JPY remain driven by yield gaps, central bank expectations and key technical levels.
FORECASTSOCT 3, 2026
GBP/USD Outlook: Bearish Flag Keeps Sterling Under Pressure Ahead of NFPGBP/USD has steadied after sliding to 1.3204, but the pair remains well below its August high of 1.3677. Technical traders are watching whether a bearish flag pattern can trigger renewed downside toward 1.3100.
FORECASTSOCT 2, 2026
Dollar Holds Firm as Euro and Pound Struggle With Inflation, Fiscal Risk and Policy UncertaintyThe U.S. Dollar Index is holding above 101.76 as higher Treasury yields support the greenback ahead of the September NFP release. EUR/USD is attempting a rebound near 1.1260, while euro and sterling sentiment remains constrained by inflation pressure, fiscal concerns and central bank uncertainty.
FORECASTSOCT 1, 2026
GBP/USD Forecast: Bearish Flag Forms as Traders Await US Jobs DataGBP/USD has steadied after sliding to 1.3204, but the pair remains well below its August high and under pressure from diverging central bank expectations. Technical traders are watching whether a bearish flag pattern can trigger a fresh move toward 1.3100.
FORECASTSSEP 30, 2026
GBP/USD Rebounds From 1.3202 as US PCE Data Becomes Next Sterling TestGBP/USD has rebounded from the 1.3202 area as the US dollar loses some momentum and sterling finds support from stronger UK growth data. Traders are now watching US Core PCE and the 1.3277 resistance zone for clues on whether the recovery can extend.
FORECASTSSEP 29, 2026
GBP/USD Forecast: Dollar Strength Keeps Bears in Control Below 1.3250GBP/USD remains under pressure as a stronger US dollar, rising Treasury yields, and weaker risk sentiment weigh on sterling. Technical traders are watching 1.3250 as a key resistance zone and 1.3200 as the support level that could decide the next move.
NEWSSEP 24, 2026
UK Banks Complete First Interbank Customer Transactions With Tokenized Sterling DepositsSeven of the U.K.’s largest banks have completed customer transactions using tokenized British pound deposits on a shared platform built by Quant. The trial covered remortgage payments and a consumer purchase test, marking a step toward regulated bank money moving across institutions in tokenized form.
FORECASTSSEP 24, 2026
GBP/USD Downtrend Holds as Stronger US Dollar Puts Sterling Under PressureGBP/USD remains under pressure as a firmer US Dollar, elevated US Treasury yields and expectations for additional Federal Reserve tightening keep sellers in control. Technical traders are watching support near 1.3200 and the longer-term 1.3140 to 1.3160 zone for signs of either continuation or reversal.
FORECASTSSEP 23, 2026
US Dollar Forecast: DXY Extends Advance as Euro and Pound Face Rate PressureThe U.S. Dollar Index remains supported as markets price a likely additional Federal Reserve move and watch key levels in DXY. EUR/USD and GBP/USD remain under pressure as policy paths in Europe and the United Kingdom diverge from dollar-supportive expectations.
FORECASTSSEP 22, 2026
GBP/USD Stays Under Pressure Below 1.3406 as Dollar Strength Drives Bearish ConsolidationGBP/USD remains compressed below 1.3406 as a strong US Dollar and widening Fed-BoE policy expectations weigh on Sterling. Technical traders are watching support at 1.3329, 1.3310 and 1.3300 for the next directional signal.
FORECASTSSEP 21, 2026
GBP/USD Stabilizes Near 1.3395 as Rate Divergence Keeps Bears Focused on 1.3300GBP/USD has steadied after recent Federal Reserve and Bank of England decisions, trading near 1.3395 after rebounding from this month’s low of 1.3336. Technical traders are weighing a small double-bottom pattern against continued pressure below the Supertrend indicator, leaving 1.3300 in focus for bears.
FORECASTSSEP 17, 2026
U.S. Dollar Pulls Back as Profit-Taking Hits Rally and Major FX Pairs Test Key LevelsThe U.S. dollar eased from multi-week highs as traders took profits after a strong rally and weighed mixed U.S. economic signals. Housing data showed pressure from elevated interest rates, while jobless claims pointed to a still-resilient labor market.
FORECASTSSEP 17, 2026
GBP/USD Outlook: Bears Hold Control as BoE Decision and 1.3300 Target Come Into FocusGBP/USD has fallen to its weakest level since July as traders digest the Federal Reserve decision and prepare for the Bank of England announcement. The pair remains technically pressured after breaking key support areas, though the BoE outcome could still trigger a rebound.
FORECASTSSEP 16, 2026
US Dollar Forecast: Fed Guidance Takes Center Stage as EUR and GBP Stay Under PressureThe U.S. Dollar Index remains supported as traders look beyond a widely expected Fed rate hike and focus on Chair Warsh’s policy guidance. EUR/USD and GBP/USD remain under pressure as relative central bank expectations and key technical levels shape near-term direction.