Pound Sterling Price News and Forecast: GBP/USD falls as the US Dollar gains on increased risk aversion

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Pound Sterling declines as Hormuz blockade fears lift risk-off mood

GBP/USD halts its five-day winning streak, trading at a gap down around 1.3390 during the Asian hours on Monday. The risk-sensitive pair faces challenges on renewed risk aversion following the failure of the United States (US)-Iran peace talks.

The safe-haven demand boosted the US Dollar (USD) against its major peers after Vice President JD Vance confirmed US–Iran talks in Islamabad ended without a deal following 21 hours of negotiations. Read more...

GBP/USD Weekly Forecast: Technicals turn slightly bullish for Pound Sterling amid Mideast drama

The Pound Sterling (GBP) staged a stellar recovery from near four-month lows against the US Dollar (USD) and clinched two-month highs just shy of the 1.3500 threshold.

The week started with the domination of safe-haven flows and the risk-sensitive Pound Sterling in multi-month troughs. Markets remained nervous as they weighed US President Donald Trump’s social media threat posted on Sunday, in which he ratcheted up pressure on Iran, while extending the deadline to reopen the Strait of Hormuz to Tuesday at 8 PM Eastern Time or Wednesday 00:00 GMT. Read more...

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FXStreet Team

FXStreet

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

AUD/USD stays bid above 0.7100 on Australian trade data, Mideast optimism

AUD/USD clings to minor recovery gains above 0.7100 in the Asian session on Thursday as a new Israel-Lebanon ceasefire keeps a lid on the safe-haven US Dollar. Meanwhile, strong AustralianTrade Balane data also help the Aussie pair sustain the bounce from weekly lows.

USD/JPY hovers near the 160.00 intervention threshold on Mideast tensions

USD/JPY struggles to find acceptance above 160.00 and retreats from a one-month high in the Asian session on Thursday amid fears that authorities will step in again to prop up the Japanese Yen. Furthermore, a new Israel-Lebanon ceasefire caps the US Dollar and supports the currency pair. However, renewed US-Iran tensions keep the downside limited in the Greenback and the pair.

Gold defends 200-day SMA; upside seems capped on Iran uncertainty

Gold recovers from a one-week low near $4,425, or the 200-day SMA, in the Asian session on Thursday, as news of an Israel-Lebanon ceasefire acts as a headwind for the safe-haven US Dollar. However, renewed hostilities in the Gulf, along with stalled US-Iran peace talks, keep geopolitical risks in play and should support the USD, checking the Gold price rebound.

XRP and XLM outlook: Bearish streak extends as risk-off mood erodes retail demand, ETF flows

Ripple and Stellar prices face intense selling pressure, extending losses on Thursday for the fourth consecutive day this week. Cross-border remittance tokens are losing retail sentiment, while XRP faces additional pressure from Exchange-Traded Fund outflows.

Kevin Warsh takes the Fed helm: What it means for the US Dollar

The Federal Reserve moves away from the highly predictable "forward guidance" model of the Jerome Powell era to a new “Kevin Warsh environment”, characterized by less communication, more policy surprises, and an increased focus on the Fed's complex balance sheet.

Recession on paper: What really moves the Canadian Loonie now?

Statistics Canada handed the headline writers a gift and the analysts a headache. Real GDP shrank 0.1% on an annualized basis in the first quarter, and with the fourth quarter of 2025 revised down to a 1.0% contraction, that is two negative quarters in a row, the textbook definition of a technical recession and Canada's first since the pandemic.