Both the daily and intraday trends are aligned to the downside; the pair is trading below its key moving averages, the VIX has surged sharply overnight, resilient US labour data has reinforced dollar demand, and today's UK flash PMI is forecast sub-50 — together these factors tilt the session toward further sterling weakness.
Edition 2026-07-24 · prediction window to Fri 24 Jul 2026 21:00 UTC (22:00 BST)
Catalyst: Active — UK flash composite PMI at 09:30 BST is in-window today; US flash PMI at 13:45 GMT follows. Both are high-impact and capable of moving the pair by multiples of the recent median intraday range.
Data: twelvedata
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