MarketAlleys

GBP/USD instrument spotlight

European Central Bank (euro reference rates) showed GBP/USD rose from the prior ECB fixing; MarketAlleys examines price, momentum and nearby macro events.

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Price action

European Central Bank (euro reference rates) reported GBP/USD at 1.3317 as of Oct 29, 15:00 UTC; it rose 0.22% from the prior ECB fixing and showed a five-session change of -0.85%. The ECB was listed as the source for those reference rates.

Instrument Last 5-session change Latest change As of Source
GBP/USD 1.3317 -0.85% +0.22% Oct 29, 15:00 UTC European Central Bank (euro reference rates)

Trend and momentum

MarketAlleys category desk lists GBP/USD as neutral with RSI(14) at 45.0; the most recent close was 1.3288 and the pair sat below its 50-day moving average of 1.3395 and below its long moving average of 1.3432.

Instrument Close SMA50 Long SMA RSI(14) Trend status
GBP/USD 1.3288 1.3395 1.3432 45.0 neutral

Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Oct 28, 22:40 UTC); it is not a recommendation.

Across forex

European Central Bank (euro reference rates) prices were cited for most pairs and, compared with GBP/USD's uptick, showed EUR/USD was little changed while USD/JPY rose 0.06%, USD/CHF fell 0.24% and AUD/USD fell 0.10% from the prior ECB fixing; the UUP ETF fell 0.07% from the prior close, per Finnhub.

Instrument Last Change Basis As of Source
EUR/USD 1.1130 -0.03% vs prior fix Oct 29, 15:00 UTC European Central Bank (euro reference rates)
USD/JPY 158.06 +0.06% vs prior fix Oct 29, 15:00 UTC European Central Bank (euro reference rates)
USD/CHF 0.8286 -0.24% vs prior fix Oct 29, 15:00 UTC European Central Bank (euro reference rates)
AUD/USD 0.7026 -0.10% vs prior fix Oct 29, 15:00 UTC European Central Bank (euro reference rates)
US Dollar Index (via UUP ETF) $29.04 -0.07% vs prior close Oct 29, 15:46 UTC Finnhub

What to watch

The Employment Cost Index is due Fri Oct 30, 12:30 UTC, according to bls.

  • Fri Oct 30, 12:30 UTC — Employment Cost Index (US) (source)

Sources and data

Market data as of Oct 29, 15:46 UTC; report generated Oct 29, 15:50 UTC. All times are UTC. Each table row shows its own timestamp and provider.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.

Terms in this article

Sources & data

  1. European Central Bank (euro reference rates) (primary, retrieved Oct 29, 2026, 03:53 PM UTC)
  2. Finnhub (market-data, retrieved Oct 29, 2026, 03:53 PM UTC)
  3. U.S. Treasury and Federal Reserve Board via FRED (primary, retrieved Oct 29, 2026, 03:53 PM UTC)
  4. U.S. Bureau of Labor Statistics (primary, retrieved Oct 29, 2026, 03:53 PM UTC)
  5. U.S. Energy Information Administration via FRED (primary, retrieved Oct 29, 2026, 03:53 PM UTC)
  6. Bank of England (primary, retrieved Oct 29, 2026, 03:53 PM UTC)
  7. Federal Reserve (primary, retrieved Oct 29, 2026, 03:53 PM UTC)

Market data as of Oct 29, 2026, 03:46 PM UTC.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.

Ask about this story

Questions are answered only from this article and the sources it cites.

MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.

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