
GBPUSD weekly recap: cable holds 1.3450 into US jobs, 2026-08-03
GBPUSD opened at 1.34908 and closed at 1.34523, a net loss of roughly 39 pips, with the dollar firming ahead of the US jobs report.
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GBPUSD opened at 1.34908 and closed at 1.34523, a net loss of roughly 39 pips, with the dollar firming ahead of the US jobs report.

GBPUSD sits near 1.3455 midweek, back above Monday's close after a rough open, with the calendar light into Thursday and Friday.

GBPUSD closed last week near 1.3491 after a strong Thursday and Friday push, and the new week opens with the calendar quiet and positioning evenly split.

GBPUSD opened near 1.3350 and closed the week at 1.34458, a net gain of roughly 95 pips driven by a broad dollar retreat.

GBPUSD sits at 1.33018 midweek, up roughly 12 pips from Monday's open, with sentiment split near even.

GBPUSD closed last week near 1.3319 after a steady four-day slide, and this week opens with a near-even positioning split and no scheduled high-impact data.

GBPUSD lost roughly 137 pips across the week, closing at 1.33089 after a steady drift lower from Monday's open near 1.34454.

GBPUSD trades near 1.3386 midweek, down from Monday's open, as broad dollar strength drags cable through the 1.3400 handle.

UK inflation on Wednesday headlines a busy GBP/USD week, with jobs data Tuesday and flash PMIs Friday framing the pound's next move.

GBP/USD opened the week at 1.33858 and closed at 1.34628, a net gain of roughly 77 pips after a midweek spike above 1.35577 faded.

GBPUSD trades at 1.34098 midweek, up roughly 24 pips from Monday's open, with an empty back-half calendar leaving price action in charge.

Sterling climbed 68 pips this week to close at 1.34034, testing April highs as dollar softness persisted.

Sterling trades up 59 pips from Monday's open at 1.3394, with positioning near perfectly balanced at Wednesday's close.

Cable enters a quiet week after sliding to 1.3335, with no major UK or US data to drive directional moves.

Cable lost 264 pips this week as dollar strength returned, closing at 1.3424 after testing 1.3409 support.

Sterling holds steady near 1.3450 after trading a tight 32-pip range through Wednesday morning.