GBP USD Stabilizes as US Dollar Weakens

GBP USD remains steady after previous declines, currently trading above 1.3500 during the Asian hours on Wednesday. The pair is seeing support as the US Dollar comes under pressure from ongoing tariff discussions and economic uncertainties.

Traders must stay alert for fluctuations as the “Sell America” trend influences market sentiments. The ongoing tariff issues could further weigh on the US Dollar, providing potential upsides for GBP USD.

Market participants should closely evaluate these factors to identify strategic positions in the forex market.