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April 2, 2025

GBPUSD Struggles Amid Anticipation of Trumps Tariff Announcement

GBPUSD remains flat after a slight bounce from the 1.2870 support zone, facing challenges in gaining momentum during the Asian session. Traders observe a narrow trading range, with current prices hovering around the 1.2915-1.2920 mark. The market closely watches for US President Donald Trumps announcement regarding reciprocal tariffs, which is expected to impact future trades. Investors are cautious and waiting for clearer directional indicators before making any major moves.

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