Pound Sterling Price News and Forecast: Rises as Trump signals Iran de-escalation, US Dollar sinks

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GBP/USD rises as Trump signals Iran de-escalation, US Dollar sinks

The Pound Sterling (GBP) appreciates sharply against the US Dollar (USD) on Monday after US President Donald Trump postponed further military action against Iran, adding that talks between the two countries were productive and could end hostilities in the Middle East. At the time of writing, GBP/USD trades at 1.3459, up by more than 0.90%. Read More...

GBP/USD Price Forecast: Declines below 1.3350 as bearish momentum builds amid stronger USD

The GBP/USD pair holds losses near 1.3335 during the Asian trading hours on Monday, pressured by a stronger US Dollar (USD). Escalating conflict in the Middle East pushed Brent crude oil prices above $100 per barrel. This has triggered "stagflation" fears for the UK and weighed on the Cable against the USD. Read More...

GBP/USD trips down below 1.3350 as Oil surges, Fed outlook boosts US Dollar

GBP/USD trims some of its previous-day gains on Friday, down by 0.84%, as traders turn risk-averse amid an escalation of the Middle East war and price in no rate cuts by the Federal Reserve (Fed) in 2026. At the time of writing, the pair trades below 1.3350 after hitting a daily high of 1.3442. Read More...

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GBP/USD flies to two-week highs, targets 1.3400

GBP/USD trades well above the 1.3300 barrier on Thursday as the Greenback comes under renewed selling pressure following a softer-than-expected US NFP report in June. Meanwhile, Cable extends its multi-day recovery and looks to challenge 1.3400 sooner rather than later.

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