BearPaws

GBP

British Pound
Neutral
Score
+1.49
1D %
+0.07%
1W %
-0.04%
1M %
-0.02%

Score blends a macro-fundamental component (rates, inflation, growth, employment) with price momentum over a weeks-to-months horizon. Positive = strengthening / inflationary pressure, negative = weakening.

Score History · GBP

90 pts · intrinsic
+1.49Δ window-0.02

Macro Indicators

GBP
Consumer Confidence (OECD, UK, percentage balance)
-16.8Δ+2.3May 2026
Business Confidence – Manufacturing (OECD, UK, PMI proxy)
-14.1Δ+0.0May 2026
Retail Sales Volume Index (ONS, all retailers inc fuel, SA)
102.0Δ-1.4Apr 2026
Unemployment Rate (OECD, UK, % labour force)
4.9Δ-0.3Jan 2026

PMI / Services PMI gaps documented in backend §8.2: ISM is proprietary, FRED's `NAPMPI` series discontinued.

COT Positioning

non-commercial · weekly
Long
45743
Short
109956
Net
-64213
ReportNetΔ longΔ short
2026-06-09-64213-7944+4051
2026-06-02-52218-4291-13471
2026-05-26-61398-10097-13006
2026-05-19-64307-11530+9718
2026-05-12-43059+17032-3817
2026-05-05-63908+2996+6265
2026-04-28-60639-3509+5091
2026-04-21-52039+8139+5454

Net = long − short. Heavy positive net = crowded long (contrarian risk when paired with negative fundamental score).

View GBP outlookFundamental strength, COT lean & news read

GBP · frequently asked questions

What does the British Pound (GBP) intrinsic score mean?
The British Pound intrinsic score is a single fundamental-strength reading for GBP, blending macro indicators with price momentum. A positive score points to inflationary or strengthening pressure, a negative score to deflationary or weakening pressure, and a near-zero score to a balanced stance.
Is GBP bullish or bearish right now?
British Pound (GBP) currently reads neutral: its fundamental strength and momentum are roughly balanced. Its latest reading is 1.49. This is market context (a weeks-to-months bias, not an entry signal), so wait for price action to confirm before acting.
What macro indicators feed the GBP score?
The GBP score draws on macro inputs including PMI, Services PMI, the Consumer Confidence Index, Retail Sales, Building Permits, and the employment report. These readings are synthesised into a directional consensus and combined with price momentum to produce the intrinsic score.
How is GBP COT positioning used?
Commitment of Traders (COT) data shows how non-commercial (speculative and institutional) traders are positioned in GBP. BearPaws uses it for trend confirmation or contrarian reads alongside the intrinsic and cross-pair scores, not as a standalone signal.