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GBPUSD at 1.33916, 20.0 pips wide in London so far

BoE Governor Bailey speaks at 13:00 UTC, the next scheduled event for the pair

GBPUSD · London session · Published Oct 21, 2026, 8:30 AM

GBPUSD last traded at 1.33916, near the top of a London range of 20.0 pips that ran from 1.33727 to 1.33928. The nearest level above is the round number at 1.34000, 8.4 pips away, then the prior day high at 1.34094, 17.8 pips above. Below, the previous session high sits 3.2 pips under the last price at 1.33884, with the session open at 1.33768 and the prior week high at 1.33718 further down.

The Asia session covered 24 pips between 1.33644 and 1.33884 and closed at 1.33766. The prior trading day ran 110.3 pips from 1.32991 to 1.34094, while an ordinary day of the last 14 covers 79.4 pips. The latest day sits at the 93rd percentile of the last 42 days we hold, which is an unusually wide day for this market.

Bailey's speech is listed at 13:00 UTC with impact 3 of 3, and a second listing of the same appearance carries impact 2 of 3. Over 26 past speech_gbp releases GBPUSD moved 4.08 pips on average in the first 15 minutes and 6.85 in the first 60, in either direction. Later, the 20-Year Bond Auction is scheduled at 17:00 UTC, a family that has moved the pair 5.20 pips on average in the first 15 minutes and 9.24 in the first 60 across 422 past releases.

Large speculators are net short 106964 contracts, a change of -9353 on the week and the 0th percentile of the last 52 weekly reports. Among the headlines graded 2 of 3 for GBPUSD, FXStreet reported at 07:21 UTC on the Euro weakening against the British Pound as UK CPI data fuels expectations of an imminent BoE rate hike.

Session brief

  1. GBPUSD, London sessionOpen 1.33768, high 1.33928, low 1.33727, close 1.33916: a range of 20.0 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 1.33726, high 1.33884, low 1.33644, close 1.33766: a range of 24 pips over 586 minutes, from our own one-minute candles.
  4. GBPUSD, previous trading dayHigh 1.34094, low 1.32991, close 1.33800 on 2026-10-20, a range of 110.3 pips, from our own candles on the trading day that starts 17:00 New York.
  5. GBPUSD daily rangeAn ordinary day of the last 14 covers 79.4 pips. The latest day sits at the 93rd percentile of the last 42 days we hold, which is an unusually wide day for this market. Measured on our own candles.
  6. GBP BoE Governor Bailey SpeechScheduled 2026-10-21 13:00 UTC, impact 3 of 3. From MQL5 Economic Calendar.
  7. GBPUSD reaction to speech_gbpOver 26 past releases GBPUSD moved 4.08 pips on average in the first 15 minutes and 6.85 in the first 60, in either direction. Measured on our own one-minute candles.
  8. GBPUSD reaction to auction_usdOver 422 past releases GBPUSD moved 5.20 pips on average in the first 15 minutes and 9.24 in the first 60, in either direction. Measured on our own one-minute candles.
  9. CFTC Commitments of Traders, 096742Large speculators are net short 106964 contracts, a change of -9353 on the week. That is the 0th percentile of the last 52 weekly reports.
  10. Euro weakens against British Pound as UK CPI data fuels expectations of imminent BoE rate hikeFXStreet. Graded impact 2 of 3 for GBPUSD by our headline classifier.

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.