In traditional sheet metal forming processes, a thin sheet metal is deformed at relatively low speeds. However, more and more the speed of production processes is increased, very often to take advantage of the beneficial implications that high strain rates can have on the formability of certain metals. In this work, the effect of strain rate on the anisotropic behavior of Ti6Al4V is investigated performing tensile tests in different orientations, namely 0o, 45o and 90o, with respect to the rolling direction (RD), and in-plane shear experiments along RD. Three nominal strain rates, i.e., , 0.5 and 1000, are considered. A novel high-speed bulge (HSB) test developed at Ghent University, designed to deform sheet metals in nearly equibiaxial loading conditions at high strain rates, is used for the dynamic bulge test. The experimental results, presented in this paper, clearly show the need of including the effect of strain rate, and eventually temperature, into the formulation of the yield function in order to correctly model and predict deformation processes performed at high speed.