Pound Sterling Price News and Forecast: GBP/USD slides to 1.3300 as Middle East war lifts US Dollar

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GBP/USD slides to 1.3300 as Middle East war lifts US Dollar

The Pound Sterling (GBP) extends its losses on Tuesday during the North American session as the conflict in the Middle East involving the US, Israel and Iran intensified, fueling a flight to safety sponsored by inflationary pressures on high Oil prices. Read More...

Pound Sterling continues to underperform amid US-Israel war with Iran

The Pound Sterling (GBP) trades lower against its major currency peers, slides 0.3% to near 1.3360 against the US Dollar (USD) during the European trading session on Tuesday. The GBP/USD pair tumbles as risk-off market sentiment is prompted due to the war in the Middle East between the United States (US), Israel, and Iran, which has dampened the demand for riskier assets. Read More...

GBP/USD Price Forecast: Hovers around 1.3400 with bearish pressure intact

GBP/USD edges higher after three days of losses, trading around 1.3400 during the Asian hours on Tuesday. The technical analysis of the daily chart indicates an ongoing bearish bias, as the pair trades within a descending channel pattern. Read More...

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