MacroParity
Currency valuation & position framework
UPDATED 06 AUG 2026
PRICES · YAHOO FINANCE, EOD
Pair

GBPUSD

WAIT
Price is mid-range.
Price
1.34533
+0.64% this week
Macro side
LONG
gap 0.627
1Y position
52.9%
1.301171.38468
10Y position
76.9%
NEUTRAL
The entry window stays open while price is below 1.33040. 1.35545 marks where the gap is considered priced in — a natural profit-taking area, not a forecast.
What would change this

Catalysts

The ranking recomputed assuming one central bank moves its rate path. Arithmetic on the inputs, not a forecast of how price reacts.

BoE · next decision 2026-09-17 (42d)

ScenarioNew gapSideEffect
Hikes 50bp1.339LONGSignal holds
Hikes 25bp1.050LONGSignal holds
Holds, tone unchanged0.627LONGSignal holds
Signals a cut0.167LONGFalls below threshold
Cuts 50bp0.212SHORTDirection flips

Fed · next decision 2026-09-16 (41d)

ScenarioNew gapSideEffect
Hikes 50bp0.259SHORTDirection flips
Hikes 25bp0.120LONGFalls below threshold
Holds, tone unchanged0.627LONGSignal holds
Signals a cut1.155LONGSignal holds
Cuts 50bp1.570LONGSignal holds
Scenarios that would end this setup: BoE signals a cut → falls below threshold; BoE cuts 50bp → direction flips; Fed hikes 50bp → direction flips; Fed hikes 25bp → falls below threshold. Everything else leaves the signal intact, though the gap changes.

Concentration

2 entry-zone pairs share a currency with GBPUSD: GBPAUD, AUDUSD. Taking several of them is one position expressed multiple times, not diversification.
Size this position