# 1.3500: Might act as key barrier for GBP/USD on US NFP day

> The pound extended its pullback against the dollar, trading near 1.3425 after retreating from a recent high around 1.3500. Traders awaited October U.S. nonfarm payrolls, while the Bank of England had raised its policy rate by 25 basis points to 4% on Thursday.

- Date: 2026-11-06 · published 2026-11-06T12:10:22.218Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/83839-1-3500-might-act-as-key-barrier-for-gbp-usd-on-us-nfp-day
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

The dollar’s strength and interest-rate expectations can affect currency-sensitive commodity prices and export competitiveness, but the report gives no direct agricultural supply or demand change. The immediate price implication for feed commodities is limited.

## Read by commodity

- DXY: bullish ▲
- GBPUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-01-30 | [GBP/USD dips as US Dollar gains on Senate deal, BoE meeting in focus](https://feedsoft.ai/events/21300-gbp-usd-dips-as-us-dollar-gains-on-senate-deal-boe-meeting-in-focus.md) | +0.9% | +0.3% |
| DXY | 2017-10-31 | [ISM manufacturing key for Fed and USD - OFX (CA)](https://feedsoft.ai/events/68709-ism-manufacturing-key-for-fed-and-usd-ofx-ca.md) | -0.2% | -1.4% |
| DXY | 2026-01-29 | [GBP/USD slides below 1.3780 as Fed hold lifts the Dollar](https://feedsoft.ai/events/21301-gbp-usd-slides-below-1-3780-as-fed-hold-lifts-the-dollar.md) | +0.6% | +0.3% |
| DXY | 2021-11-08 | [Outlook For Pound US Dollar Exchange Rate: GBP/USD Sinks On Fed And BoE Decisions](https://feedsoft.ai/events/44295-outlook-for-pound-us-dollar-exchange-rate-gbp-usd-sinks-on-fed-and-boe-decisions.md) | +0.5% | +1.6% |
| DXY | 2024-01-29 | [US dollar forecast: USD at the mercy of the Fed, BoE and NFP ahead \| IG SG](https://feedsoft.ai/events/32289-us-dollar-forecast-usd-at-the-mercy-of-the-fed-boe-and-nfp-ahead-ig-sg.md) | +0.2% | +0.4% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/13500-might-act-as-key-barrier-for-gbp-usd-on-us-nfp-day-202611060631

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.