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GBPUSD at 1.33412, New York range 16.6 pips

The next scheduled release is Baker Hughes US rig counts at 17:00 UTC

GBPUSD · New York session · Published Oct 16, 2026, 1:35 PM

GBPUSD last traded at 1.33412, inside a New York session that has run 16.6 pips between 1.33277 and 1.33442. The nearest level above is the previous London high at 1.33494, 8.2 pips away, and the nearest below is the session open at 1.33364, 4.8 pips away.

London traded a 40.5 pip range, opening at 1.33109 and closing at 1.33363. The prior day ran 96.2 pips, while an ordinary day over the last 14 covers 75.3 pips; the latest day sits at the 91st percentile of the last 44 days we hold, which the volatility source calls an unusually wide day for this market.

Baker Hughes US Total Rig Count and Oil Rig Count are scheduled at 17:00 UTC, then Federal Budget Balance at 18:00 UTC. Over 47 past industrial production releases GBPUSD moved 5.35 pips on average in the first 15 minutes and 11.08 in the first 60, in either direction.

Large speculators are net short 97611 contracts, a change of -6536 on the week, the 4th percentile of the last 52 weekly reports. The CFTC GBP Non-Commercial Net Positions release is scheduled at 19:30 UTC. FXStreet reported the British Pound at three-week highs as the US Dollar fell, graded impact 2 of 3 for GBPUSD.

Session brief

  1. GBPUSD, New York sessionOpen 1.33364, high 1.33442, low 1.33277, close 1.33412: a range of 16.6 pips over 96 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 1.33109, high 1.33494, low 1.33088, close 1.33363: a range of 40.5 pips over 300 minutes, from our own one-minute candles.
  4. GBPUSD daily rangeAn ordinary day of the last 14 covers 75.3 pips. The latest day sits at the 91st percentile of the last 44 days we hold, which is an unusually wide day for this market. Measured on our own candles.
  5. USD Federal Budget BalanceScheduled 2026-10-16 18:00 UTC, impact 2 of 3. Forecast -34.7B. Previous -166.8B. From Forex Factory.
  6. GBPUSD reaction to industrial_production_usdOver 47 past releases GBPUSD moved 5.35 pips on average in the first 15 minutes and 11.08 in the first 60, in either direction. Measured on our own one-minute candles.
  7. CFTC Commitments of Traders, 096742Large speculators are net short 97611 contracts, a change of -6536 on the week. That is the 4th percentile of the last 52 weekly reports.
  8. GBP CFTC GBP Non-Commercial Net PositionsScheduled 2026-10-16 19:30 UTC, impact 2 of 3. Previous -97.6 K. From MQL5 Economic Calendar.
  9. British Pound hits three-week highs near 1.3350 as the US Dollar tumblesFXStreet. Graded impact 2 of 3 for GBPUSD by our headline classifier.
  10. USD Baker Hughes US Total Rig CountScheduled 2026-10-16 17:00 UTC, impact 2 of 3. 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.