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GBPUSD at 1.33832, 14.6 pips of London range so far

GBP Flash Manufacturing and Services PMI land at 08:30 UTC, impact 2 of 3

GBPUSD · London session · Published Oct 23, 2026, 8:30 AM

GBPUSD last prints 1.33832, inside a London range of 14.6 pips between 1.33707 and 1.33853. The nearest level above is the round number at 1.34000, 16.8 pips away, then the previous session high at 1.34076, 24.4 pips up. Below sit the previous session low at 1.33810, 2.2 pips down, and the prior week high at 1.33718, 11.4 pips lower.

Asia ran 26.6 pips between 1.33810 and 1.34076 and closed at 1.33826. The prior trading day covered 64.1 pips, from 1.33550 to 1.34191. An ordinary day of the last 14 covers 74.9 pips, and the latest day sits at the 55th percentile of the last 44 days we hold, which is an ordinary day for this market.

The GBP Flash Manufacturing PMI is scheduled for 08:30 UTC with a forecast of 51.8 against a previous 52.0, and the GBP Flash Services PMI at the same time with a forecast of 51.8 against 51.7. Over 93 past releases of this family GBPUSD moved 7.16 pips on average in the first 15 minutes and 12.30 in the first 60, in either direction. Later, USD Flash Services and Manufacturing PMI are due at 13:45 UTC.

Large speculators are net short 106964 contracts in the CFTC Commitments of Traders report of 2026-10-13, 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, investingLive reported UK retail sales falling more than expected in September, complicating the BOE rate hike outlook.

Session brief

  1. GBPUSD, London sessionOpen 1.33825, high 1.33853, low 1.33707, close 1.33832: a range of 14.6 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 1.33927, high 1.34076, low 1.33810, close 1.33826: a range of 26.6 pips over 595 minutes, from our own one-minute candles.
  4. GBPUSD, previous trading dayHigh 1.34191, low 1.33550, close 1.34000 on 2026-10-22, a range of 64.1 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 74.9 pips. The latest day sits at the 55th percentile of the last 44 days we hold, which is an ordinary day for this market. Measured on our own candles.
  6. GBP Flash Manufacturing PMIScheduled 2026-10-23 08:30 UTC, impact 2 of 3. Forecast 51.8. Previous 52.0. From Forex Factory.
  7. GBPUSD reaction to pmi_gbpOver 93 past releases GBPUSD moved 7.16 pips on average in the first 15 minutes and 12.30 in the first 60, in either direction. Measured on our own one-minute candles.
  8. USD Flash Services PMIScheduled 2026-10-23 13:45 UTC, impact 2 of 3. Forecast 57.9. Previous 58.7. From Forex Factory.
  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. UK retail sales fall more than expected in September, complicating BOE rate hike outlookinvestingLive. 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.