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GBPUSD at 1.31990, New York range 21.0 pips

The next scheduled release is USD EIA Crude Oil Stocks Change at 14:30 UTC, 59 minutes away

GBPUSD · New York session · Published Oct 7, 2026, 1:30 PM

GBPUSD last traded at 1.31990, inside a New York session that has run 21.0 pips between 1.31936 and 1.32146. The nearest level above is the session open at 1.32112, 12.2 pips away, and the nearest below is the previous session low at 1.32034, 4.4 pips away. Further up sit the previous session high at 1.32545 and the prior day high at 1.32858; further down, the prior day low at 1.32012 and the prior week low at 1.31808.

London closed at 1.32111 after a 51.1 pip range between 1.32034 and 1.32545, down from its 1.32520 open. The prior trading day ran 84.6 pips between 1.32012 and 1.32858. An ordinary day over the last 14 covers 70.2 pips, and the latest day sits at the 86th percentile of the last 42 days we hold, which is a busy day for this market.

The 10-Year Note Auction and a speech by President Trump are both scheduled at 17:00 UTC, and FOMC Meeting Minutes follow at 18:00 UTC. Over 117 past FOMC releases GBPUSD moved 9.45 pips on average in the first 15 minutes and 17.70 in the first 60, in either direction. Our calendar covers up to 2026-11-06 00:00 UTC.

Large speculators are net short 91075 contracts, a change of -8507 on the week, the 6th percentile of the last 52 weekly reports. A British Pound headline published at 09:00 UTC, graded impact 2 of 3 for GBPUSD, covers the Pound staying weak as USD bulls retain control ahead of FOMC Minutes.

Session brief

  1. GBPUSD, New York sessionOpen 1.32112, high 1.32146, low 1.31936, close 1.31990: a range of 21.0 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, London sessionOpen 1.32520, high 1.32545, low 1.32034, close 1.32111: a range of 51.1 pips over 300 minutes, from our own one-minute candles.
  4. GBPUSD, previous trading dayHigh 1.32858, low 1.32012, close 1.32753 on 2026-10-06, a range of 84.6 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 70.2 pips. The latest day sits at the 86th percentile of the last 42 days we hold, which is a busy day for this market. Measured on our own candles.
  6. USD 10-Year Note AuctionScheduled 2026-10-07 17:00 UTC, impact 3 of 3. Previous 4.834%. From MQL5 Economic Calendar.
  7. GBPUSD reaction to fomc_usdOver 117 past releases GBPUSD moved 9.45 pips on average in the first 15 minutes and 17.70 in the first 60, in either direction. Measured on our own one-minute candles.
  8. Economic calendar for GBP and USD8 scheduled releases of impact 2 or 3 in the 24 hours to 2026-10-08 13:30 UTC. Our calendar covers up to 2026-11-06 00:00 UTC.
  9. CFTC Commitments of Traders, 096742Large speculators are net short 91075 contracts, a change of -8507 on the week. That is the 6th percentile of the last 52 weekly reports.
  10. British Pound stays weak below 1.3250 as USD bulls retain control ahead of FOMC MinutesFXStreet. Graded impact 2 of 3 for GBPUSD by our headline classifier.
  11. USD EIA Crude Oil Stocks ChangeScheduled 2026-10-07 14:30 UTC, impact 3 of 3. Forecast 1.070 M. Previous 0.922 M. From MQL5 Economic Calendar.

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.