GBP/USD Maintains Gains at 1.2450: Risks Ahead
The GBP/USD currency pair continues to hold gains near 1.2450 as observed during the Asian trading session. Despite these gains, potential risks loom due to external pressures from tariff threats. The ongoing trade tensions, highlighted by the recent 25% tariff increase from the U.S., could create volatility ahead. Investors should navigate these challenges while considering further movements in the market. Staying updated on economic developments is essential for effective trading.