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GBPUSD holds 1.32108 after a 15 pip London range

US Non-Farm Employment Change is scheduled at 12:30 UTC, 239 minutes away

GBPUSD · London session · Published Oct 2, 2026, 8:30 AM

GBPUSD last traded at 1.32108, inside a London session that has run 15 pips between 1.32068 and 1.32218 over 90 minutes. The nearest level above is the previous session high at 1.32194, 8.6 pips away, and the nearest below is the prior week low at 1.32043, 6.5 pips below.

The Asia session closed at 1.32137 after a 37.8 pip range over 590 minutes. The prior trading day ran 92.1 pips, and an ordinary day of the last 14 covers 71.3 pips; the latest day sits at the 93rd percentile of the last 44 days we hold, which is an unusually wide day for this market.

Eight releases of impact 2 or 3 fall in the next 24 hours, starting with US Unemployment Rate, Average Hourly Earnings m/m and Non-Farm Employment Change at 12:30 UTC. Over 22 past releases of that family, GBPUSD moved 33.70 pips on average in the first 15 minutes and 29.44 in the first 60, in either direction.

Large speculators are net short 82568 contracts, a change of -23853 on the week, the 10th percentile of the last 52 weekly reports. The loudest headline for this instrument is graded impact 2 of 3, published at 08:30 UTC.

Session brief

  1. GBPUSD, London sessionOpen 1.32137, high 1.32218, low 1.32068, close 1.32108: a range of 15 pips over 90 minutes, from our own one-minute candles.
  2. GBPUSD reference levelsPrevious day and previous week high and low, the session open and the round numbers either side, measured on our own candles.
  3. GBPUSD, Asia sessionOpen 1.31954, high 1.32194, low 1.31816, close 1.32137: a range of 37.8 pips over 590 minutes, from our own one-minute candles.
  4. GBPUSD daily rangeAn ordinary day of the last 14 covers 71.3 pips. The latest day sits at the 93rd percentile of the last 44 days we hold, which is an unusually wide day for this market. Measured on our own candles.
  5. Economic calendar for GBP and USD8 scheduled releases of impact 2 or 3 in the 24 hours to 2026-10-03 08:30 UTC. Our calendar covers up to 2026-11-01 00:00 UTC.
  6. GBPUSD reaction to nfp_usdOver 22 past releases GBPUSD moved 33.70 pips on average in the first 15 minutes and 29.44 in the first 60, in either direction. Measured on our own one-minute candles.
  7. CFTC Commitments of Traders, 096742Large speculators are net short 82568 contracts, a change of -23853 on the week. That is the 10th percentile of the last 52 weekly reports.
  8. US Nonfarm Payrolls expected to soften in SeptemberFXStreet. Graded impact 2 of 3 for GBPUSD by our headline classifier.
  9. USD Non-Farm Employment ChangeScheduled 2026-10-02 12:30 UTC, impact 3 of 3. Forecast 89K. Previous 162K. From Forex Factory.

Written once by FxMind's desk from our own market data, the same text every reader sees.

Context on the market, not a trade recommendation. The decision is the trader's.